
The Bank of England’s chief cashier is urging support to explore the launch of an official digital currency. Sarah John, who oversees the issuance of banknotes at England’s central bank, says it’s “crucial” to act on new opportunities with the emerging asset class. Further delays, she warns, will serve big tech players like Facebook, along with the private sector, that will be able to shape, control and dominate the new era of money.
Continue reading: https://dailyhodl.com/2020/02/24/bank-of-england-exec-urges-focus-on-digital-currencies-as-ecb-prez-christine-lagarde-issues-call-to-action/