The Bank of England Puts 200,000 on the Table for a Sample CBDC Wallet
The Bank of England is seeking a third-party supplier to develop a mobile wallet for central bank digital currency (CBDC).
Britcoin CBDCThe Bank of England is seeking a third-party supplier to develop a mobile wallet for central bank digital currency (CBDC).
Britcoin CBDCThe Bank of England (the Bank) and HM Treasury are currently considering whether the introduction of a UK retail central bank digital currency (CBDC) would be beneficial for the UK economy and the continued integrity of pound sterling in light of increasing use of digital money.
Britcoin CBDC Central Bank Digital CurrencyThe committee warned that if virtual money was to be introduced in the UK, it could post significant risks to the financial system.
BritcoinThe House of Lords economic affairs committee said plans for a digital currency could present challenges to privacy and financial stability.
BritcoinNow is as good a time as any to be thinking about the digital pound and whether the UK will introduce a CBDC in the near future.
Britcoin CBDC Central Bank Digital CurrencyBritcoin CBDC Central Bank Digital Currency