News > CURRENCY

CBDC Insider: Wednesday March 01, 2023

Bank of England Says Digital Pound (CBDC) Could Protect Consumers

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

CBDC Insider: Tuesday February 21, 2023

Bank of England Developing a CBDC That Will Respect Privacy?

The Bank of England has published a technology working paper wherein it lays out its ideas on a future digital pound. User privacy is being considered. Central Bank Digital Currencies (CBDCs) are the future of financial transactions according to most central banks and governments across the world. More than 100 central banks are in various []

CBDC Central Bank Digital Currencies Digital Pound

CBDC Insider: Saturday February 11, 2023

Bank of England Collaborates With Ripple For Digital Pound Development

Bank of England (BoE) mentioned Ripple in its digital pound consultation paper published on February 7. Ripple, the leading blockchain enterprise and cross-border payment services provider continues to gain recognition globally. This stems from the uniqueness of Ripples products and services including On-Demand Liquidity (ODL), RippleNet, and CBDC solutions. Following its notable solutions and contributions []

CBDC Digital Pound