Bank of England thinks digital pound can co-exist with private stablecoins
[ad_1] The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.” The 116-page consultation paper was jointly released on Feb. 7 by the Bank of England (BoE) and...
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Is the BoE Right to Be Sceptical on a Digital Pound?
[ad_1] The heated debate about introducing a central bank digital currency (CBDC) in the western world continues with fervor in 2023. Whilst many nations see great potential in digital fiat, several remain hostile or at least indifferent. Despite the UK being touted as being more crypto-friendly since the premiership...
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Digital Pound Foundation Partners with CryptoUK
[ad_1] The Digital Pound Foundation (DPF), announced today that it has developed a strategic partnership with CryptoUK, a self-regulatory trade association in the United Kingdom representing the crypto sector. The latest collaboration will support the development of a robust ecosystem for new forms of digital money in the UK....
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