
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 Pound
The clear safe haven role the yuan is playing as Russian forces devastate Ukraine is Xi Jinpings to lose. As the euro, South Korean won and other major currencies slide, the yuan is seeing solid demand, trading near four-year highs. Along with the yuan trading like a safe haven currency, economists at Australia & New Zealand Bank […]
The post Yuans Ukraine safe haven status is Xi’s to lose appeared first on Asia Times.
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