#pound

3:12pm, 5th September, 2023

Regulated Liability Network identifies proof-of-concept case with digital pound

The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project.

United Kingdom’s digital pound meets public backlash — Why?

8:39am, 14th July, 2023

Crypto Wiki

United Kingdom’s digital pound meets public backlash — Why?

The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency?

Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief

5:13am, 27th June, 2023

Crypto Wiki

Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief

The underpinning technology for the UK CBDC could use a different ledger than the popular blockchain technology.

Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound

3:03am, 13th March, 2023

Crypto Wiki

Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound

Banking giant HSBC announced that its U.K. arm is acquiring Silicon Valley Bank UK Limited (SVB UK) for one pound ($1.21).

Bank of England thinks digital pound can co-exist with private stablecoins

10:37pm, 7th February, 2023

Crypto Wiki

Bank of England thinks digital pound can co-exist with private stablecoins

The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins.

UK's digital pound would modernize payments but won't replace cash: Minister

11:58pm, 6th February, 2023

Crypto Wiki

UK's digital pound would modernize payments but won't replace cash: Minister

Finance minister Jeremy Hunt says the digital pound, or "Britcoin" would be issued and backed by the Bank of England, but won't negate the use of cash.

UK Bitcoin community reacts to incoming CBDC and digital pound rollout

8:45am, 25th January, 2023

Crypto Wiki

UK Bitcoin community reacts to incoming CBDC and digital pound rollout

A new role, "Head of CBDC," will help the United Kingdom to "explore the case for a digital pound," although UK Bitcoiners would argue that might not be necessary.

Bank of England governor questions need for digital pound

2:48am, 17th January, 2023

Crypto Wiki

Bank of England governor questions need for digital pound

BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade.

The British pound collapse and its impact on cryptocurrency: Watch the Market Report

11:09am, 27th September, 2022

Crypto Wiki

The British pound collapse and its impact on cryptocurrency: Watch the Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the fall of the British pound and its impact on the cryptocurrency market.

Is it Bitcoin’s time to shine? British Pound drops to all-time low against the dollar

1:29pm, 26th September, 2022

Crypto Wiki

Is it Bitcoin’s time to shine? British Pound drops to all-time low against the dollar

The U.S. dollar has been the clear winner as investors seek shelter in the largest global economy, but could the British Pound's weakness be a positive for Bitcoin.