According to the Bank of Englands fintech director, the technology behind central bank digital currencies (CBDC) could be tens of thousands of times more efficient per transaction than bitcoin. During his speech at the Future of FinTech Conference on Thursday, Tom Mutton gave attendees an overview of the Bank of Englands current standing on CBDCs. […]
The post Bank of England: Any UK CBDC Will Be Tens of Thousands Times More Efficient Than Bitcoin appeared first on The Central Bank Digital Currency Insider.

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