Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says
The central bank governor also said regulators can't rule out central bank digital currencies. Original Source
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Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints – Economics Bitcoin News
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter
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BOE’s Bailey, Western Union CEO Part of Davos Panel on Digital Currencies
The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic. Source
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Apple Watching Cryptocurrencies, Says Vice President Bailey
Apple (NASDAQ:AAPL) has been and continues to be an influential company; and if it’s looking at the crypto industry, you know virtual currencies must be doing something right. According to sources, that’s what the tech giant is doing, with VP Jennifer Bailey stating it is “watching cryptocurrency.” Here’s what we know.Apple
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