
Bank of England boss not convinced of need for digital pound
The Bank and the Government are in the process of exploring the launch of a digital pound.
Digital PoundAs different nations delve deeper into the development of central bank digital currencies (CBDCs), privacy concerns have taken center stage. Tom Mutton, the director of fintech at the Bank of England (BoE), recently shed light on the privacy features of UKs own CBDC and how the central bank intends to address issues raised by its […]
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The Bank and the Government are in the process of exploring the launch of a digital pound.
Digital PoundInnovate Finance, the industry body for UK FinTech, through its Digital Pound Foundation programme, has today published a blueprint to make the UK the leading international market for stablecoin a key pillar of the future digital economy.
Digital PoundOffline payment functionality is technically feasible for a future digital pound but there are trade-offs that make it challenging, according to new Bank of England research.
Digital PoundThe Digital Pound Foundation has become part of the umbrella of Innovate Finance, the industry body for UK fintech.
Digital PoundRecord hopes the BOE will abandon the project, which has already cost $30.5 million, and focus on its core responsibilities.
Digital PoundInnovate Finance, the industry body for UK FinTech, and the Digital Pound Foundation (DPF) have officially joined forces today.
Digital Pound