Digital Pound CBDC Wont Be Programmable to Avoid Government Control Perceptions

CBDC Insider: Wednesday April 05, 2023

Last week, Katie Fortune, senior manager of the central bank digital currency (CBDC) unit at the Bank of England (BofE), suggested that thedigital poundwill not include government-enabled programmability functions to avoid misperceptions about government overreach. Ms. Fortune was speaking at Citibanks 10th Annual Digital Money Symposium. The issue of programmability is a sensitive one in []

Last week, Katie Fortune, senior manager of the central bank digital currency (CBDC) unit at the Bank of England (BofE), suggested that thedigital poundwill not include government-enabled programmability functions to avoid misperceptions about government overreach. Ms. Fortune was speaking at Citibanks 10th Annual Digital Money Symposium. The issue of programmability is a sensitive one in […]
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