
Bank of England Says Britcoin CBDC Might Not Be on a Blockchain
The Bank of England's CBDC lead said there's considerable debate about whether the digital pound would leverage blockchain technology.
Britcoin CBDCThe Bank of England's CBDC lead said there's considerable debate about whether the digital pound would leverage blockchain technology.
Britcoin CBDCThe digital pound may use a centralized, conventional ledger, rather than distributed blockchain technology,
CBDC Digital PoundCurrently, the BOE and the Treasury are seeking feedback from the stakeholders and technology experts on the proposed design of its CBDC. The feedback is open until June 30.
CBDC Digital PoundStakeholders also want the Bank of England to consider tougher caps on individual digital pound holdings to prevent bank runs.
Digital PoundThe BIS and Bank of England completed Project Rosalind, a digital pound CBDC trial focused on testing API integration with payment providers
CBDC Central Bank Digital CurrencyBank of England calls for comments on whether or not non-U.K. residents should have access to the digital pound, on the same basis as U.K. residents.
CBDC Digital Pound