
House of Lords Raised Serious Concerns over UK CBDC Launch
An all-party committee of the United Kingdoms House of Lords warned on the concerns of financial instability from the proposed launch of a CBDC.
CBDC Central Bank Digital CurrencyAn all-party committee of the United Kingdoms House of Lords warned on the concerns of financial instability from the proposed launch of a CBDC.
CBDC Central Bank Digital CurrencyThere is no convincing case for the U.K. to have a central bank digital currency (CBDC), a House of Lords committee has concluded. The Economic Affairs Committee of the U.K.s upper house set up the enquiry in September to explore how a CBDC might affect the role of the Bank of England, monetary policy and []
CBDC Central Bank Digital CurrencyA Committee of peers in the House of Lords has concluded that there is no convincing case for the creation of a central bank digital currency in the UK.
CBDC Central Bank Digital CurrencyThe committee warned that if virtual money was to be introduced in the UK, it could post significant risks to the financial system.
BritcoinThe House of Lords economic affairs committee said plans for a digital currency could present challenges to privacy and financial stability.
BritcoinThe Stellar Development Foundation (SDF) has been working with the Ukrainian government on their national CBDC for a while.
CBDC Central Bank Digital Currency