
Bank of England gov warns digital pound must not undermine commercial banks
Bank of England governor warns that digital currencies must not jeopardize commercial banks or liquidity principles.
CBDC Central Bank Digital Currencies Digital PoundTom Mutton, who heads the digital pound initiative at the BoE, says it will have a 10,000-20,000 limit, will trial blockchain, and geared toward privacy. [...]
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Bank of England governor warns that digital currencies must not jeopardize commercial banks or liquidity principles.
CBDC Central Bank Digital Currencies Digital PoundIn its CBDC progress update, the Bank of England announced the creation of a Digital Pound Lab, which works similar to a sandbox, allowing partners to test API functionality and use cases.
CBDC Digital PoundPositive fundamental development in the UK and the US seems to have boosted the prices of the three top cryptocurrencies: Bitcoin, Ether, and XRP.
CBDCA summary of work over the past year on a digital pound, including how it relates to the evolving payments landscape.
Digital PoundNo decision has been made on whether to proceed with retail CBDC, central bank emphasises
CBDC Digital PoundThe digital pound's design phase seeks to balance innovation with user privacy, requiring collaboration across public and private sectors.
CBDC Central Bank Digital Currency Digital Pound