Through their partnership, Ripple and Modulr will deliver real-time, price-competitive, and reliable payments into the UK and Europe. Their services will be available globally in the coming months.
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The Bank of England's Andrew Bailey has called on the G20 to regulate stablecoins and other crypto-assets. He said this must be done to prevent money laundering and monetary policy destabilisation.
Bank of England Governor, Mark Carney, has today announced that Alan Turing will appear on the new polymer £50 note. The new note is expected to go into circulation at the end of 2021.
Facebook is working to develop a new cryptocurrency dubbed GlobalCoin internally ready for a 2020 launch. It hopes to make payments secure, affordable, and accessible to the un-banked too.
The Bank of England's chief economist has warned that the UK faces having swathes of technologically unemployed people and stated that they will need to upskill in order to stay employable.
