Bank of England and Treasury Reveal Digital Pound Plans: Reaction
The 'digital pound', a CBDC for the UK will "likely" become a reality; reveals the Treasury and the Bank of England.
CBDC Digital PoundThe 'digital pound', a CBDC for the UK will "likely" become a reality; reveals the Treasury and the Bank of England.
CBDC Digital PoundThe UK plans to impose a cap of between 10,000 to 20,000 ($12,017 to $24,033) for initial digital wallet holdings as it pushes forward with plans to introduce a Central Bank Digital Currency (CBDC), according to a Bank of England (BOE) official...
Britcoin CBDC Central Bank Digital CurrencyBritcoin wallets will face an initial cap of between 10-20k.
Britcoin CBDC Central Bank Digital CurrencyTech firms may be able to quickly gain payments dominance, which a CBDC could break
CBDC Digital PoundRELATED STORIES UK Steps Up Planning for Digital Pound Currency Backed by BOE February 7, 2023 Britcoin? UK Gets Closer to Launching a Digital Currency February 7, 2023 A state-backed digital pound is likely to be launched later this decade, according to the Treasury and the Bank of England...
CBDC Digital PoundThe Bank of England and HM Treasury have published a new paper that explores the introduction of a central bank digital currency.
CBDC Central Bank Digital Currency