BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Moscow Exchange Details Clearing and Settlement for Bitcoin, Ether and USDT Trades
Moscow Exchange (MOEX) has set out how its planned crypto market will work, saying trades in bitcoin, ether and USDT will go throu...
Block DOJ Settlement: Jack Dorsey’s Company Faces $764M Deal as Bitcoin Profit Plunges 50%
Block DOJ settlement talks have reached a major turning point, with Jack Dorsey-owned payments company agreeing in principle to pa...
Binance sits to benefit from First Digital listing
First Digital Trust, the firm behind the FDUSD stablecoin, announced early last month that it had signed a business combination ag...
Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves
Bitcoin Magazine Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves Block has agreed in...
Hong Kong bank pilot opens 24/7 cash settlement for tokenized fund deals
Participating institutions can settle tokenized deposit transactions in central bank money beyond conventional hours, supporting t...
Crypto Long & Short: ICE is betting on retail’s appetite for quick outcomes
Retail traders increasingly want trades that resolve fast, from prediction markets to same-day options. Andy Baehr of GSR argues p...