Category Archives: Bank of England

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Bank Of England Drops Plans For Its Own Cryptocurrency, Fearing Instability

The post Bank Of England Drops Plans For Its Own Cryptocurrency, Fearing Instability appeared first on CCN The Bank of England has decided it will not launch its own cryptocurrency due to its possible impact on the financial system, according to FT Advisor. The bank began researching cryptocurrencies in 2015 and was considering launching its… Read More »

The Bank of England is Entertaining its Own Official Cryptocurrency

The post The Bank of England is Entertaining its Own Official Cryptocurrency appeared first on CCN As originally reported by The Telegraph, the Bank of England may approve the creation of a state-sponsored cryptocurrency within the year. Just last year, the bank announced it had commissioned a theoretical currency, RS Coin, which could be used… Read More »