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A Central Bank Digital Currency? The Bank of England Ponders Proposal

by CBDC Insider Staff
March 31, 2020
in Business, Europe
Reading Time: 1min read
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A Central Bank Digital Currency? The Bank of England Ponders Proposal
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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

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