
Bank of England gov warns digital pound must not undermine commercial banks
Bank of England governor warns that digital currencies must not jeopardize commercial banks or liquidity principles.
CBDC Central Bank Digital Currencies Digital PoundThe Bank and HM Treasury have entered a design phase to develop a more detailed policy and technology framework for a potential digital pound.
Digital PoundBank of England governor warns that digital currencies must not jeopardize commercial banks or liquidity principles.
CBDC Central Bank Digital Currencies Digital PoundIn its CBDC progress update, the Bank of England announced the creation of a Digital Pound Lab, which works similar to a sandbox, allowing partners to test API functionality and use cases.
CBDC Digital PoundPositive fundamental development in the UK and the US seems to have boosted the prices of the three top cryptocurrencies: Bitcoin, Ether, and XRP.
CBDCNo decision has been made on whether to proceed with retail CBDC, central bank emphasises
CBDC Digital PoundThe digital pound's design phase seeks to balance innovation with user privacy, requiring collaboration across public and private sectors.
CBDC Central Bank Digital Currency Digital PoundThe Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.
Britcoin Digital Pound