Yesterday, the UK Treasury Committee held ahearingwith officials from theBank of England(BofE) to discuss the subject of Central Bank Digital Currencies (CBDCs). Sir Jon Cunliffe, Deputy Governor for Financial Stability shared the Banks position on the ongoingconsultationaround a potentialdigital pound. When pressed, he said the Bank believes theres a more than 50% chance that a []
The post Bank of England says a digital pound more likely than not appeared first on Ledger Insights - blockchain for enterprise.

CBDC Central Bank Digital Currencies Digital Pound

SHARE THIS STORY:

More Stories

Finextra: Wednesday March 27, 2024

ClearBank joins Digital Pound Foundation

ClearBank has announced their membership to the Digital Pound Foundations (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.

Digital Pound

Finextra: Thursday February 01, 2024

Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

Digital Pound