England

The Bank of England is exploring the possibility of creating its own digital currency. However, it is unlikely that the project is actually implemented before the next couple of years.

The Bank of England (BoE) has come out to embrace Facebook’s digital currency project Libra despite the recent criticism it has been facing from various financial regulators across the globe.

The Insight Chain (INB), a distributed ledger technology (DLT)-based research chain, recently rolled out a follow-up to the Bank of England’s poll of the best monetary gift at Christmas among the general public.

Bank of England (BoE) has accepted that it wants an improved payment system able and efficient enough to connect with fintechs using blockchain technology.

Liverpool City Council in England plans to implement blockchain technology by the end of 2020 to reduce carbon footprint by about 40%.

Mark Carney, the governor of Bank of England proclaimed in his public speech on 21 June that the bank is intending to reconstruct its Real Time Gross Settlement (RTGS) system in order that it can interconnect with cryptocurrency platforms and private business with the help of Distributed Ledger Technology (DLT).

Boston FM is preparing for the launch of a new weekly radio show on digital currency called “Cryptomania - Bitcoin & Beyond". The project aims at educating people of the advantages that the crypto market can offer. The New England region will be able to listen to the show in July.

Today’s most important news from the world of Blockchain and crypto currency: Twitter may ban Bitcoin related ads, Bank of England governor Mark Carney stated that crypto currencies don’t pose risk, New Zealand to become a living Blockchain laboratory

A new Cryptoassets Task Force was set up in the UK on March 22, 2018, by the Treasury, Bank of England, and Financial Conduct Authority (FCA) to explore the risks of cryptoassets, the benefits of this technology, and its influence.