BoE's governor Bailey on cryptocurrencies: Need to set standards to avoid playing catch-up with innovation in payments

Market news

3 September 2020

BoE's governor Bailey on cryptocurrencies: Need to set standards to avoid playing catch-up with innovation in payments

Any launch of central bank cryptocurrency requires careful consideration
Crypto assets are unsuited to the world of payments
Stablecoins could offer some useful benefits for making payments

U.S. State Department says withdrawal from WHO to be effective July 6, 2021

U.S. non-manufacturing sector’s growth decelerates slightly more than expected in August - ISM

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