{"id":6578,"date":"2016-03-02T23:25:26","date_gmt":"2016-03-02T16:25:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-a-bitcoin-style-monetary-system-spell-the-end-for-britains-banks\/"},"modified":"2016-03-02T23:29:50","modified_gmt":"2016-03-02T16:29:50","slug":"could-a-bitcoin-style-monetary-system-spell-the-end-for-britains-banks","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-a-bitcoin-style-monetary-system-spell-the-end-for-britains-banks\/","title":{"rendered":"Could a bitcoin-style monetary system spell the end for Britain's banks?"},"content":{"rendered":"


\nDeputy BoE governor warns digital-style currencies could deny commercial banks crucial deposits and potentially hinder their ability to lend moneyThe Bank of England (BoE) could become the hub of a bitcoin-style digital currency that sidelines high-street banks and cuts the costs of financial transactions, according to a senior executive at the UK central bank.Ben Broadbent, BoE deputy governor, said a new system of holding cash in a banking version of the cloud, with encrypted keys to protect accounts, would likely prove a huge hit with customers, denying commercial banks vital deposits and potentially hamper their ability to lend money. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Could a bitcoin-style monetary system spell the end for Britain’s banks?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Deputy BoE governor warns digital-style currencies could deny commercial banks crucial deposits and potentially hinder...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-6578","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1I6","jetpack-related-posts":[{"id":68094,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eu-banks-are-not-taking-brexit-risks-seriously-enough-warns-boe\/","url_meta":{"origin":6578,"position":0},"title":"EU banks are not taking Brexit risks seriously enough, warns BoE","date":"October 3, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...EU banks are not taking Brexit risks seriously enough, warns BoE","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boe-questions-big-banks-over-buy-to-let-lending\/","url_meta":{"origin":6578,"position":1},"title":"BoE questions big banks over buy-to-let lending","date":"November 27, 2016","format":false,"excerpt":"\r Lenders interpret probe as signal for further curbs on landlords\r \r Source : ft.com\r Read more...BoE questions big banks over buy-to-let lending","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/complacency-over-banks-risks-new-financial-crisis-boe-policymaker-warns-us\/","url_meta":{"origin":6578,"position":2},"title":"Complacency over banks risks new financial crisis, BoE policymaker warns US\u00a0","date":"September 7, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Complacency over banks risks new financial crisis, BoE policymaker warns US\u00a0","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36156,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boe-questions-big-lenders-over-buy-to-let-lending\/","url_meta":{"origin":6578,"position":3},"title":"BoE questions big lenders over buy-to-let lending","date":"November 27, 2016","format":false,"excerpt":"\r Banks interpret probe as signal for further curbs on landlords\r \r Source : ft.com\r Read more...BoE questions big lenders over buy-to-let lending","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172510,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-accuse-banks-of-deepening-shop-slump-with-reluctance-to-lend\/","url_meta":{"origin":6578,"position":4},"title":"Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend","date":"September 7, 2026","format":false,"excerpt":"\r Hong Kong landlords and property industry figures are accusing banks of deepening the city\u2019s shop slump by pulling back from commercial mortgages, leaving more potential buyers unable to secure financing even though property values have fallen sharply. Shop buyers were increasingly being turned away, even though Hong Kong\u2019s residential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-hk-developers-being-too-generous-with-mortgages\/","url_meta":{"origin":6578,"position":5},"title":"Are HK developers being too generous with mortgages?","date":"July 7, 2016","format":false,"excerpt":"\r Buyers are being tempted by 120 percent mortgages Another day, another dollar. Image credit: Krystal T (Flickr) Non-banking lenders are getting a tad too generous. This was the view of the Hong Kong Monetary Authority regarding the phenomenon of high mortgage loan-to-value ratios being bandied by property developers recently\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6578"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=6578"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6578\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=6578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=6578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=6578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}