CBDC Insider: Tuesday February 08, 2022
RELATED STORIES Digital Currencies: How to be More China, Less El Salvador February 8, 2022 Digital Rupee Should Be a Multiyear Project, Rushing Implementation is Risky February 8, 2022 The Bank of England does not plan to develop a wallet for retail scenarios for the use of the national digital currency, Katie Fortune, senior manager []
The Bank of England does not plan to develop a wallet for retail scenarios for the use of the national digital currency, Katie Fortune, senior manager of the regulator’s CBDC division, has told The Block. According to her: “I think its safe to say its highly unlikely that the Bank would issue a retail wallet.” […]
The post The Bank of England is Unlikely to Launch a Retail Wallet for CBDCs appeared first on The Central Bank Digital Currency Insider.
CoinGeek: Wednesday November 06, 2024
At the Group of Thirty's 39th Annual International Banking Seminar, BoE Governor Andrew Bailey emphasized the need to modernize payment systems, particularly cross-border and wholesale payments.
CBDC
PYMNTS: Monday October 28, 2024
If commercial banks dont provide retail payments innovation, central banks should be prepared to offer a retail central bank digital currency (CBDC),
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Finextra: Monday October 28, 2024
The Governor of the Bank of England, Andrew Bailey has re-affirmed his support for a retail central bank digital currency, arguing that central banks are the "only game in town" as commercial banks lack the incentive to push for innovation.
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Bitcoin News: Monday October 28, 2024
The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money.
CBDC
CryptoSlate: Sunday October 27, 2024
Bank of England Governor Andrew Bailey believes there is a good case for wholesale CBDCs but is more cautious of retail CBDCs.
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OMFIF (the Official Monetary and Financial Institutions Forum): Wednesday October 02, 2024
The Bank of England is currently in the design phase for a potential UK retail central bank digital currency: the digital pound.
Digital Pound