UK Legislators urge caution in retail digital pound rollout
British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an...
Pound
Bitcoin sees rising demand in the UK as British pound struggles
Understanding Bitcoin’s (BTC) valuation against various currencies isn’t merely a matter of numbers — it’s about grasping global economic tides,...
Regulated Liability Network identifies proof-of-concept case with digital pound
The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use...
United Kingdom’s digital pound meets public backlash — Why?
British society is both civil and democratic, so it wasn’t unexpected that the government of the United Kingdom would “consult”...
Bank of England taps self-sovereign ID platform Nuggets to develop privacy layer for digital pound
What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome!...
Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief
The Bank of England (BoE) has made significant developments in its central bank digital currency (CBDC) program. Tom Mutton, director...
Digital Pound May Be Here Sooner Than You Think, Hints BoE
The Bank of England’s strategy head William Lovell is pushing for a digital pound to lower retail payment risks. According...
Binance Loses UK Banking Partner for British Pound
Binance will discontinue deposits and withdrawals denominated in the British pound until it can find a new banking partner. The...
Binance suspended British Pound deposit and withdrawals for new users on March 13
Ad Binance confirmed to CryptoSlate that it suspended the British Pounds deposit and withdrawals for new users on March 13.In...
Silicon Valley Bank UK arm acquired by HSBC for one pound
Global banking giant HSBC Holdings is coming to rescue the United Kingdom-based branch of the collapsed Silicon Valley Bank with...