The Bank of England is Unlikely to Launch a Retail Wallet for CBDCs

CBDC Insider: Tuesday February 08, 2022

RELATED STORIES Digital Currencies: How to be More China, Less El Salvador February 8, 2022 Digital Rupee Should Be a Multiyear Project, Rushing Implementation is Risky February 8, 2022 The Bank of England does not plan to develop a wallet for retail scenarios for the use of the national digital currency, Katie Fortune, senior manager []

The Bank of England does not plan to develop a wallet for retail scenarios for the use of the national digital currency, Katie Fortune, senior manager of the regulator’s CBDC division, has told The Block. According to her: “I think its safe to say its highly unlikely that the Bank would issue a retail wallet.” […]
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