The Bank of England’s objectives are to maintain monetary and financial stability. Payment methods are changing, and the use of privately issued money and alternative payment methods rising. In this context, the Bank is exploring the concept of Central Bank Digital Currency (CBDC), as are central banks across the world, through a recently published a discussion paper.
Continue reading: https://www.scl.org/news/10851-bank-of-england-discussion-paper-on-a-central-bank-digital-currency
