
Bank of England advances design phase of digital pound CBDC
The digital pound's design phase seeks to balance innovation with user privacy, requiring collaboration across public and private sectors.
CBDC Central Bank Digital Currency Digital PoundThe digital pound's design phase seeks to balance innovation with user privacy, requiring collaboration across public and private sectors.
CBDC Central Bank Digital Currency Digital PoundIf commercial banks dont provide retail payments innovation, central banks should be prepared to offer a retail central bank digital currency (CBDC),
CBDC Central Bank Digital CurrencyThe Governor of the Bank of England, Andrew Bailey has re-affirmed his support for a retail central bank digital currency, arguing that central banks are the "only game in town" as commercial banks lack the incentive to push for innovation.
CBDC Central Bank Digital CurrencyBank of England Governor Andrew Bailey believes there is a good case for wholesale CBDCs but is more cautious of retail CBDCs.
Britcoin CBDC Central Bank Digital CurrencyThe Bank of England is currently in the design phase for a potential UK retail central bank digital currency: the digital pound.
Digital PoundBarclays published a paper exploring options for various digital pound functionality. It concludes an FMI should be responsible.
CBDC Central Bank Digital Currency Digital Pound