UK central bank leader reassures cashs place with rising Britcoin
Bank of England Governor Andrew Bailey believes there is a good case for wholesale CBDCs but is more cautious of retail CBDCs.
Britcoin CBDC Central Bank Digital CurrencyBank of England Governor Andrew Bailey believes there is a good case for wholesale CBDCs but is more cautious of retail CBDCs.
Britcoin CBDC Central Bank Digital CurrencyEditorial: A Britcoin would trade convenience for societal dangers that hard cash keeps in check
Britcoin CBDC Central Bank Digital Currencies Digital PoundBritish policy makers are still undecided on a digital pounddubbed "Britcoin"following a central bank digital currency (CBDC) consultation.
Britcoin CBDC Central Bank Digital Currency Digital PoundUK Finance, the collective voice for the UK banking and finance industry, has clashed with the bank of England on the proposed 10,000 to 20,000 ceiling on individual holdings in a future central bank digital currency, arguing that such a limit could result in a run on bank deposits.
Britcoin Central Bank Digital CurrencyTom Mutton, who heads the digital pound initiative at the BoE, says it will have a 10,000-20,000 limit, will trial blockchain, and geared toward privacy.
Britcoin Digital PoundThe man in charge of the UKs effort to explore a central bank digital currency (CBDC) isnt sure whether a digital pound would actually leverage blockchain technology...
Britcoin CBDC Central Bank Digital Currency Digital Pound