CryptoSlate: Monday December 04, 2023
UK lawmakers have strongly advised the authorities to weight the benefits and risks of a digital pound before implementation.
The U.K. Treasury Committee is unsure if the benefits of a retail Central Bank Digital Currency (CBDC), or digital pound, will outweigh its risks as its introduction could pose significant challenges and risks to the economy. Concerns about retail digital pounds The lawmakers argued that the introduction of retail digital pounds could make the U.K. […]
The post UK Treasury fears retail digital pound would cause bank run due to easy access appeared first on CryptoSlate.
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