Bank of England Economist Joins Ledger Journal Editorial Board
Ledger, a peer-reviewed academic journal devoted to cryptocurrencies, has added a Bank of England economist and researcher to its editorial board. The board member, Dr Michael Kumhof, is senior research advisor in the new Research Hub of the Bank of England, where he co-leads and helps to formulate the research agenda. His research interests primarily include monetary reform (including digital currencies), the role of banks in the macroeconomy and the role of economic inequality in causing imbalances and crises. Prior to his position with the Bank of England, he served as deputy division....
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Ledger, a new peer-reviewed scholarly journal, will publish full-length original research articles on cryptocurrency and blockchain technology, as well as any relevant intersections with mathematics, computer science, engineering, law and economics. Ledger will be published online on a quarterly basis by the University Library System, University of Pittsburgh, as an open-access journal. "The journal Ledger invites authors to submit their original research for the inaugural issue of the very first peer-reviewed academic publication devoted solely to the field of cryptocurrencies and its....
The editorial board for Bloomberg News has called for a permissive regulatory environment for blockchain development, particularly in the area of public versions of the technology such as bitcoin. In an editorial published yesterday, the board advocated for the use of so-called regulatory sandboxes, or rule-making frameworks that allow companies to test financial products within a limited scope and customer range. Comprised of a team of news and features editors, the board joins a number of countries, including the UK, that have pushed for creating such environments specifically for....
Hardly anyone can deny the financial ecosystem will need to undergo an overdue change sooner rather than later. The legacy system is not able to keep up with growing consumer demands and needs. Over in the United Kingdom, the Bank of England will develop a blueprint for this overhaul, focusing on new payment preferences and distributed ledger technology. Bank of England Looks At Distributed Ledger Technology. Revamping the UK’s entire financial ecosystem will be quite the challenge, even for the Bank of England. At the same time, a lot of work has been done already, as consumers are....
Bank of England’s analysts say crypto assets could have important roles within the metaverse. “Widespread adoption of crypto in the metaverse … would require compliance with robust consumer protection and financial stability regulatory frameworks,” they added. Bank of England’s Analysts on the Metaverse, Crypto, and Regulation Bank of England’s economist Owen Lock and policy analyst Teresa Cascino published a blog post titled “Cryptoassets, the metaverse and systemic risk” Tuesday. “Cryptoassets could have important roles....
Bank of England might just start using bitcoin or other forms of electronic money in order to bring about sustainable financial reforms in the country. It is one of the possibilities discussed during a recently held conference in Northern Ireland. The chief economist at the Bank of England- Andy Haldane proposed the idea while addressing a gathering of business owners. Haldane is one of the leading members in Bank of England's monetary policy committee and the views expressed by him during the speech was completely opposite to what the Bank of England's governor Mark Carney had earlier....