Bank of England Announces New Fintech Hub

The hub will allow the bank to more easily engage with the fintech industry, promote greater understanding of emerging technologies and play an active role in the UK Government’s recently-formed crypto-asset taskforce, comprising some of the industry’s leading institutions. 

Dave Ramsden, deputy governor for markets and banking at the BoE made the announcement in a speech delivered during HM Treasury’s fintech conference on March 22, but published on March 26.

“Investment in the UK’s financial