Commentary On Bank Of England And HM Treasury's Decision To Create A CBDC Taskforce, Paolo Ardoino, CTO, Tether
Commentary On Bank Of England And HM Treasury's Decision To Create A CBDC Taskforce, Paolo Ardoino, CTO, Tether Date 19/04/2021 Speaking at Fintech Week, the British Chancellor Rishi Sunak set out new initiatives to ensure the UK remains at the cutting edge of digitalising financial services. A new Taskforce, bringing together HM Treasury and the Bank of England, will be established to explore a possible UK central bank digital currency (CBDC). Two new forums will also be established to engage technical experts, and key stakeholders (including financial institutions, merchants, busine...