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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The United States has now decisively rejected a government-issued digital dollar. Instead, it has ch...
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Digital currencies are coming, but the governor is acting like a stick in the mud. His conservatism means Britain will be late to the party with the future of this new form of money shaped by others, says James Moore
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CoinTelegraph: Wednesday July 23, 2025
The UK central bank may scrap its digital pound amid skepticism and preference for bank payment innovations, Bloomberg reports.
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The Bank of Englandis considering pausing its plans to create a digital currency. Thats according to areportTuesday (July 22) from Bloomberg News,
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