Bank of England official says digital pound provides big opportunity for businesses

Ben Broadbent said the digital pound could help provide a reduction in friction and cost of payment to businesses.

• More

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 []

• More

Letter: Digital pounds Big Brother or nanny state?

• More

How Would You Like to Pay? Moving Towards the Digital Pound

RELATED STORIES ECB Advises Banks Comply With Conservative Cap on Bitcoin Exposure February 15, 2023 Central Banks Dabbling in Crypto Smacks of Mission Creep February 15, 2023 In a significant step, the Bank of England and HM Treasury have declared that it is likely that a digital poundthe catchy moniker for a UK retail central []

• More

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 []

• More

Digital pound likely this decade, but dont call it Britcoin

The U.K. Treasury and the central bank say that the digital pound would give the country a new digital payments system, but they dont want you to call it "Britcoin."

• More