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Bank of England official: Tech firms may beat central banks on digital currency

by CBDC Insider Staff
February 27, 2020
in Business, Europe
Reading Time: 1min read
0
Bank of England official: Tech firms may beat central banks on digital currency
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A senior official at the Bank of England has said that central banks should quicken the pace of development of central bank digital currencies, to avoid losing ground to tech companies in the race for the future of payments.

Sarah John, chief cashier at the central bank, made the comments in an article published in The Telegraph, in which she urged reserve banks to move more quickly towards developing and deploying crypto payment solutions

Continue reading: https://coingeek.com/bank-of-england-official-tech-firms-may-beat-central-banks-on-digital-currency/

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