Bank of Englands digital pound wont replace cash
The proposed CBDC system will operate alongside traditional cash. However, concerns on freedom and financial privacy persist.
CBDC Central Bank Digital Currency Digital PoundThe proposed CBDC system will operate alongside traditional cash. However, concerns on freedom and financial privacy persist.
CBDC Central Bank Digital Currency Digital PoundLast 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...
CBDC Central Bank Digital Currency Digital PoundThe Bank of England explored the issue of programmability and government control in discussing the digital pound CBDC
CBDC Central Bank Digital Currency Digital PoundCan CBDCs and Bitcoin ever coexist? The Bank of Englands CBDC lead Katie Fortune thinks so. Asked during a panel at the Citi Digital Money Symposium about how potential state-issued central bank digital currencies CBDCs would coexist with Bitcoin or asset-backed stablecoins, Fortune said that the BoE sees a mixed ecosystem of different forms of []
CBDC Central Bank Digital CurrenciesA unified payments ecosystem could boost innovation and bring new use cases that we don't even know we needed, said the BoE's CBDC lead.
CBDCRoxana Mohammadian-Molina writes that the UK will play a leading role in establishing globally-applicable technical standards for CBDC.
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