Politics
Bank of England denies printing stablecoins in basement
A bizarre rumour began circulating across London after a popular meme account claimed that the Bank of England was secretly printing its own stablecoins in an underground basement. The post which included a blurry photo of a hallway and a caption suggesting hidden financial experiments quickly gained thousands of shares. Many Londoners treated the rumour as comedic entertainment rather than serious news but it still sparked curiosity. People joked that the oldest financial institution in the country had finally embraced crypto culture in the most dramatic way possible.
Officials issue firm but amused denial
Bank officials responded swiftly to the speculation with a statement that was unusually lighthearted. They clarified that the Bank of England does not print stablecoins in any basement or non basement location. A spokesperson added that the only things stored downstairs were filing cabinets a vending machine and a surprisingly loud boiler. The humorous tone helped calm the situation but also encouraged more jokes. Some Londoners commented that the denial sounded like something a stablecoin printer would say.
Crypto community turns the rumour into a comedy festival
Crypto enthusiasts wasted no time turning the rumour into a full scale joke. Memes appeared showing bank staff wearing miner helmets surrounded by glowing token machines. Others portrayed the Governor of the Bank of England sitting beside piles of shiny coins labelled totally not a stablecoin. Social media threads filled with playful theories suggesting the Bank was secretly preparing a surprise token drop. The rumour gave the crypto community a moment of unity as users joked about traditional finance trying to compete with their creativity.
Economists attempt serious explanation but fail to stop the humour
Traditional economists tried to offer rational context explaining that national banks focus on monetary policy not digital coin printing. They emphasised that creating stablecoins involves technology and liquidity frameworks rather than underground machinery. Despite their efforts the public remained more interested in the comedic side of the rumour. Economists expressed mixed feelings because the jokes overshadowed their explanations. Still some admitted that the humour brought welcome attention to discussions about digital currency developments.
Tourists visit the Bank hoping for hints
Tourists visiting London added to the excitement by taking photos outside the Bank of England while pretending to search for a secret crypto entrance. Some recorded videos whispering dramatic lines like this is where the hidden mint is believed to be. Gift shops nearby reported increased sales from visitors asking for souvenirs shaped like digital coins. Tour operators jokingly added a new line to their tours describing the building as the alleged birthplace of imaginary British stablecoins.
Staff amused but slightly overwhelmed
Bank employees said they found the rumour hilarious but unexpectedly distracting. Some reported being asked by friends and family whether the basement really contained high tech minting equipment. Others said they had to reassure colleagues from other institutions that they were not running a secret digital currency project. Several staff members admitted they enjoyed the creativity behind the memes even though the rumour had no connection to reality. The humorous chaos briefly overshadowed normal work routines.
Financial journalists join the fun
Financial reporters added to the entertainment by publishing playful headlines such as No the Bank is not launching BOEcoin and Staff confirm basement still boring. Some journalists conducted mock investigations showing the least exciting corners of the Bank to emphasise how unlikely the rumour was. Their satirical reports went viral and helped spread laughter across finance and tech communities. Many readers appreciated the light hearted approach to what could have been a simple denial story.
Regulators remind the public about real digital currency plans
In the middle of the humour regulators issued a brief reminder about ongoing research into a potential digital pound which is separate from any stablecoin rumour. They clarified that digital currency discussions involve long term planning public consultation and cooperation with technology experts. Officials encouraged people to stay informed through formal channels rather than relying on humorous speculation. The reminder was well received but did little to stop the continuing wave of memes.
Londoners enjoy the break from serious news
Residents across the city said the rumour was a refreshing change from heavy economic headlines. Many enjoyed the collective laughter and said the story felt like a modern urban legend. Students imagined future history lessons describing the great basement stablecoin rumour of London. Office workers joked that even if the rumour was false it still made for excellent lunchtime conversation. The shared entertainment demonstrated how quickly humour can bring the city together.
Rumour fades but jokes live on
As the week ended the rumour finally lost momentum but the jokes remained popular. People continued sharing edited images videos and exaggerations about the imaginary token printing operation. For many Londoners the incident showed how digital culture can transform a simple rumour into a full comedic movement. The Bank of England returned to normal operations but its fictional stablecoin basement earned a permanent place in London’s humour timeline.
