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
Central Banking - CBDC: Tuesday February 28, 2023
Deputy governor says effect of paying interest unclear and could clash with other objectives
Digital Pound
Finextra: Tuesday February 28, 2023
Bank 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 Pound
CryptoSlate: Tuesday February 28, 2023
The committee members supported the idea of a Bank of England backed CBDC, but cautioned against wild speculation in the broader crypto asset industry.
CBDC
CoinTelegraph: Tuesday February 28, 2023
The 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
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