
Bank of England says a digital pound more likely than not
Jon Cunliffe, Deputy Governor of the Bank of England, told a Parliamentary Committee that a retail digital pound is more likely than not
CBDC Central Bank Digital Currencies Digital PoundJon Cunliffe, Deputy Governor of the Bank of England, told a Parliamentary Committee that a retail digital pound is more likely than not
CBDC Central Bank Digital Currencies Digital PoundRELATED 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 PoundBank 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 PoundDeputy governor says effect of paying interest unclear and could clash with other objectives
Digital PoundBank of England deputy governor Jon Cunlifffe has told a committee of MPs that a digital pound has a better than 50/50 chance of coming to fruition.
Digital PoundThe United Kingdom is not ready to issue a digital pound just yet as the Bank of England doesnt have enough technical expertise at the moment, according to a deputy governor.
CBDC Digital Pound