The British pound has rallied a bit during the trading session on Wednesday as we are waiting for the statement from the Federal Reserve. While a 25 basis points rate hike is pretty much expected, the...
Tag: Pound
Binance fully resumes euro and pound bank transfers
advertisement Binance said it has now fully resumed bank transfers for account holders in Europe, eight months after suspending the service following pressure from regulators. According to an announce...
Digital Pound Foundation Partners with CryptoUK
The Digital Pound Foundation (DPF), today announced that it has developed a strategic partnership with CryptoUK, a self-regulatory trade association in the United Kingdom representing the crypto secto...
As Bears Pound the Bulls, 2 Indicators Strongly Suggest Relief Is on the Way
While the bears have been hammering the bulls of late, we are seeing levels on two indicators that suggest some relief of recent pressure may be in the offering. And should the indexes manage to close...
When Will Boris Go?
LONDON, ENGLAND – NOVEMBER 05: UK Prime Minister Boris Johnson answers questions during a briefing … [+] on the current coronavirus pandemic, in Downing Street on November 5, 2020 in Londo...
British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated – Fintech Bitcoin News
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digi...
British Lawmakers Concern Risks over Use of Digital Pound
As talks about the release of a digital pound by 2025 are yet to happen, British members of parliament (MP) are already doubtful that their use could harm financial stability, raise the cost of credit...