Bank of England announces central bank digital currency merger with Department of Finance

04月
19
2021-4-19 16:24
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According to an announcement by Golden Ten, the Bank of England today announced that it will jointly form a working group for the Department of Finance and the Central Bank's digital currency. The government and the Bank of England are yet to decide whether or not to introduce a digital bank in the UK and will be engaging with stakeholders about the benefits, risks and potential.

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Bank of England: Central bank digital currencies will be more consistent than cash transfers and bank deposits.
According to a report by Golden Ten, the Bank of England said digital banking will be more consistent than cash transfers and bank deposits. Digital Currency Banking is a new form of digital currency issued by the Bank of England and will be used by families and businesses.
2021-4-19 16:29

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