CBDC Insider: Wednesday April 05, 2023
Last week, Katie Fortune, senior manager of the central bank digital currency (CBDC) unit at the Bank of England (BofE), suggested that thedigital poundwill not include government-enabled programmability functions to avoid misperceptions about government overreach...
CBDC Central Bank Digital Currency Digital Pound
Ledger Insights: Monday April 03, 2023
The Bank of England explored the issue of programmability and government control in discussing the digital pound CBDC
CBDC Central Bank Digital Currency Digital Pound
CBDC Insider: Friday March 31, 2023
Can CBDCs and Bitcoin ever coexist? The Bank of Englands CBDC lead Katie Fortune thinks so. Asked during a panel at the Citi Digital Money Symposium about how potential state-issued central bank digital currencies CBDCs would coexist with Bitcoin or asset-backed stablecoins, Fortune said that the BoE sees a mixed ecosystem of different forms of []
CBDC Central Bank Digital Currencies
CBDC Insider: Wednesday March 01, 2023
RELATED STORIES Bank of England Says Digital Pound (CBDC) Could Protect Consumers March 1, 2023 Maine Bill Would Redefine Money to Exclude Bitcoin, Enable CBDCs March 1, 2023 A top Bank of England officialhas told MPs that there is now a more than 50% chance that a UK digital currency will come into existence...
Digital Pound
CBDC Insider: Wednesday March 01, 2023
Bank of England Deputy Governor Jon Cunliffe says a Digital Pound (CBDC) could protect consumers, according to a new Bloomberg report. Specifically, Cunliffe said that the implementation of a digital pound could ensure consumer protection in the event of a failure in the banking system, the report stated. Cunliffe state that consumers already live, in []
CBDC Digital Pound
CryptoSlate: Monday February 27, 2023
Ben Broadbent said the digital pound could help provide a reduction in friction and cost of payment to businesses.
Central Bank Digital Currency Digital Pound