Breeden to replace CBDC expert Cunliffe at Bank of England
Sarah Breeden will become the new Deputy Governor of the Bank of England responsible for the central bank's work on a digital pound CBDC
CBDC Central Bank Digital CurrencySarah Breeden will become the new Deputy Governor of the Bank of England responsible for the central bank's work on a digital pound CBDC
CBDC Central Bank Digital CurrencyThe U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.
CBDC Digital PoundUK citizens fear surveillance and financial stability risk associated with a government-issued digital currency. A recent survey by the Bank of England and the His Majestys Treasury dented ambitions to introduce a central bank digital currency. CBDC Surveillance Question Still Up For Grabs: UK Survey A survey of 50,000 UK citizens revealed concerns about surveillance []
CBDC Central Bank Digital CurrencyThe digital pound is still in its very early stages and there's no guarantee that the government will introduce one.
Central Bank Digital Currency Digital PoundIn the past week, the U.K. has been moving quickly with innovations related to digital currencies, blockchains, and financial innovation in general.
CBDCPayments and identity company Nuggets recently announced that its working with the Bank of England (BoE) to develop an identity and privacy layer for its central bank digital currency (CBDC)...
CBDC Central Bank Digital Currency