In proposals, BoE sees opportunity to improve “expensive, slow, and opaque” cross-border payments system
BoE Governor Mark Carney introduced the document stating “A CBDC could provide households and businesses with a new form of central bank money and a new way to make payments” whilst also raising some “significant challenges for maintaining monetary and financial stability”.
Continu read: https://www.cbronline.com/analysis/a-central-bank-digital-currency-boe
