Tagged: jon cunliffe

May 18, 2021 @ 9:29 pm By JD Alois  |  

In a recent speech delivered by the Deputy Governor, Financial Stability, of the Bank of England, Sir Jon Cunliffe, the public official appeared to commit to the UK creating a central bank digital currency (CBDC). The Bank of England, like many other central banks, is… Read More

April 19, 2021 @ 9:28 am By JD Alois  |  

The Bank of England and HM Treasury have jointly announced the creation of a task force to explore a central bank digital currency or CBDC. The CBDC will be a digital currency issued by the Bank of England for use by consumers as well as… Read More

July 15, 2020 @ 10:50 pm By Omar Faridi  |  

The emergence of new Fintech industry participants such as the Facebook-led Libra project have made it clear that the existing, global cross-border payments system can be improved. A Bank for International Settlements (BIS) committee report on Payments and Market Infrastructure (CPMI) has noted that countries… Read More

February 28, 2020 @ 12:17 pm By JD Alois  |  

Sir Jon Cunliffe, Deputy Governor Financial Stability of the Bank of England, delivered an interesting speech this week at the London School of Economics. In a presentation entitled, “It’s Time to Talk About Money” Cunliffe tackled the hot topics of “crypto assets,” stablecoins, and central… Read More