Bank of England

Bank of Engla

2026-10-01 04:13:08

Bank of England Governor Bailey warns AI could jolt financial markets

Bank of England Governor Andrew Bailey said the UK needs to be prepared for the possibility that artificial intelligence could trigger disruptions in financial markets, according to Sina Finance. He said the central bank is watching very closely the large amounts of money flowing into the AI sector. Asked whether an AI bubble could burst, Bailey said asset prices could see some degree of correction at some point in the future. He also said the technology carries "huge potential to boost our economic growth," while also bringing significant risks, adding that policymakers need to understand both sides fully. Bailey noted that the market is currently pricing companies as if each of them will be a winner, but said that not all of them will be. At the same time, he pointed to one major possible benefit of AI for central banking work: speeding up support provided to the Monetary Policy Committee. He said AI would not make decisions on behalf of policymakers, but could serve as a useful tool in their hands.

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Bank of Engla

2026-09-30 10:38:11

Bank of England Governor Andrew Bailey calls for tighter AI oversight in finance

Bank of England Governor Andrew Bailey said regulation of artificial intelligence in finance needs to be strengthened to guard against cyber threats that could undermine trust and destabilize the global financial system. He warned that weakening oversight of AI would create risks for the sector. Bailey made the remarks as financial institutions rely more heavily on AI for decision-making and day-to-day operations. His comments were framed as a call for policymakers to pay closer attention to the security challenges tied to the use of AI in financial services. The item was cited by Techub News and attributed to Crypto Briefing. No additional measures or timeline were disclosed in the report, but Bailey’s warning centered on the need for stronger regulatory attention as AI adoption in finance continues to expand.

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Bank of Engla

2026-09-28 11:23:24

Bank of England Deputy Governor Says UK Faces Higher, More Persistent Inflation

A deputy governor at the Bank of England said the UK is going through a period of inflation that is "higher and more persistent." The remark reflects the central bank’s reading of current economic conditions and may shape the direction of future monetary policy. The update was published by Techub, with the source attribution shown as @Kalshi. No additional policy details or timing were provided in the brief.

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UK banks

2026-09-25 19:46:05

UK Banks Complete Live Tokenized Deposit Transactions for Mortgage Refinancing and Marketplace Purchase

A UK banking group convened by UK Finance has completed what the trade body described as the first live customer transactions using tokenized sterling deposits. The initiative, called Great British Tokenised Deposit, includes Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander. The first set of transactions covered two remortgage completions and one marketplace purchase, with funds locked until contractual conditions were met and then released automatically. UK Finance said tokenized deposits are digital versions of standard commercial bank money that retain the regulatory protections of ordinary deposits. Quant, which built the shared platform, said the transactions involved real money moving on UK infrastructure rather than a test environment. The project entered its live pilot phase in September 2025, added Monzo in January, and has also been accepted into the Bank of England’s Synchronisation Lab. UK Finance said more pilots are expected in the coming months, including tests for settling digital assets with tokenized customer money and plans by participating banks to issue digital debt instruments with coupons paid in tokenized deposits.

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Policy Regula

2026-09-21 04:04:43

Fed and Bank of England step up scrutiny of banks and trading firms’ risk exposure

The U.S. Federal Reserve and the Bank of England are increasing scrutiny of risk exposure at banks and trading firms, according to the Financial Times, in a brief report cited by ChainCatcher. The item was categorized under policy and regulation. The source text did not provide additional detail on the scope of the review, the institutions involved, or any timeline tied to the scrutiny. No comments from the central banks or affected firms were included in the source material. Given the brevity of the original report, only the confirmed facts have been retained here without added background or interpretation.

350

Bank of Engla

2026-09-15 17:53:04

BoE official says stablecoin growth could strengthen the dollar and lift US Treasury demand

A Bank of England policymaker said the expansion of dollar-backed stablecoins could extend the reach of the US currency and turn major issuers into even larger buyers of government debt. Carolyn Wilkins, a member of the Bank of England’s Financial Policy Committee, said in a speech at Queen’s University Belfast that dollar-denominated stablecoins may reinforce the greenback’s global position by making cross-border settlement easier, broadening access to dollar-linked assets outside the United States, and increasing demand for Treasurys held as reserves. Wilkins also warned that the link runs both ways. If redemptions reached sufficient scale, stablecoin issuers could be forced to sell Treasury bills, which could intensify swings in an already stressed market. She cited data showing that Tether’s USDt and Circle’s USDC held nearly $150 billion in Treasury bills at the end of 2025 and bought about $33 billion during the year. Her comments come as stablecoin circulation has climbed above $300 billion, with 98% of the market tied to the US dollar. Wilkins said that gives the currency a considerable first-mover advantage. She contrasted that with pound-denominated stablecoins, which have gained traction more slowly even as UK regulators this year launched a dedicated sandbox, finalized issuance rules in June, and tested how stablecoins and a simulated digital pound could work together in cross-border trade payments.

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UK

2026-09-14 19:38:28

UK FCA and Bank of England to draft wholesale tokenization roadmap after industry consultation

The UK Financial Conduct Authority has published feedback from its consultation on tokenized financial markets, after receiving 123 responses from industry groups, financial firms and legal academics. Most respondents said the clearest opening for adoption lies in post-trade functions, especially the movement of collateral between counterparties. The FCA said the feedback will feed into a joint roadmap with the Bank of England, due later this year. That document is expected to set target dates for the UK’s work on wholesale tokenization. Separately, the regulator has opened a consultation on tokenized gold, reflecting interest in using distributed ledger technology across a wider set of wholesale market activities. The UK move comes as tokenized securities remain a live policy issue in Europe. Last week, a coalition that included Nasdaq, Boerse Stuttgart and Securitize called on EU lawmakers to remove or materially raise proposed caps on assets eligible for distributed ledger technology infrastructure.

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Policy Regula

2026-09-14 09:29:57

Crypto Week Ahead Turns to Fed, BOE and BOJ Rate Decisions

CoinDesk’s preview for the week starting Sept. 14 points crypto market attention toward upcoming interest-rate decisions from the U.S. Federal Reserve, the Bank of England and the Bank of Japan. The source material provided here is brief and identifies the week-ahead focus, but does not include added detail on meeting schedules, market reaction, price moves or policy expectations. As a result, the report is limited to the facts available in the input. The item is categorized under policy and regulation and was published on Sept. 14, 2026. No further contents from the full article were available in the provided digest.

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