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) []
The post UK Finance: digital pounds proposed holding limits are too high appeared first on Ledger Insights - blockchain for enterprise.

CBDC Central Bank Digital Currency Digital Pound

SHARE THIS STORY:

More Stories

Finextra: Wednesday March 27, 2024

ClearBank joins Digital Pound Foundation

ClearBank has announced their membership to the Digital Pound Foundations (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.

Digital Pound