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/
