
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 PoundThe year 2022 is here, and banks and the traditional banking system remain alive despite decades of threatening predictions made by crypto enthusiasts. The only endgame that happened a new Ethereum 2.0 roadmap that Vitalik Buterin posted at the end of last year. Even though with this roadmap the crypto industry would change for the […]
The post Decentralized And Traditional Finance Tried to Destroy Each Other But Failed appeared first on The Central Bank Digital Currency Insider.
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