Ledger Insights: Wednesday July 05, 2023
UK Finance believes the holding limits proposed for the digital pound CBDC are far too high. Also wants deposit tokens considered
Last week,UK Finance Britains leading financial services trade association responded to theBank of Englandsrecentdigital pound consultation. It is particularly worried about the high holding limits currently envisaged for the central bank digital currency (CBDC) project. The organization that absorbed the British Bankers Association in 2017 argued that the proposed holding limits of 10-20,000 ($13-$26,000) []
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CBDC Digital Pound