
Bank of England Governor Doubts the UK Needs a 'Britcoin' CBDC
Bank of England Governor Andrew Bailey said he isn't yet convinced that the U.K. actually needs a CBDC, which would be a digital pound.
Britcoin CBDC Digital PoundBank of England Governor Andrew Bailey expressed skepticism about the role of central bank digital currencies (CBDCs) in financial stability, emphasizing that central banks must maintain control over monetary transmission through the banking system. Speaking at the University of Chicago Booth School of Business in London on Feb. 11, Bailey reinforced that while financial markets […]
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Bank of England Governor Andrew Bailey said he isn't yet convinced that the U.K. actually needs a CBDC, which would be a digital pound.
Britcoin CBDC Digital PoundGovernor Andrew Bailey said he remained sceptical over the need for a digital pound, stressing that innovation in payments should be a priority.
Digital PoundGovernor Andrew Bailey said he remained sceptical over the need for a digital pound, stressing that innovation in payments should be a priority.
Digital PoundIs the Digital Pound an Unwelcome Distraction? . A look at the recent economic headlines from the UK would suggest that, to paraphrase Jay-Z, the Chancellor of the Exchequer has 99 problemsbut the...
Digital PoundThe 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 Pound