HM Treasury and Bank of England announce plans for a digital pound
It would be a new form of sterling which would be used by people and businesses for their routine payments requirements.
Source: computing.co.uk
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Towards a digital pound? Bank of England and HM Treasury consult on design for UK retail CBDC | Hogan Lovells
The Bank of England and HM Treasury are consulting on the model for a UK retail central bank digital currency (CBDC) or ‘digital pound’ that would sit alongside, not replace, cash. On...
Source: jdsupra.com
BoE sceptical over digital pound as euro zone backs work on digital euro
Bank of England Governor Andrew Bailey questioned the need for a digital pound on Monday just as euro zone finance ministers backed further preparatory work on a digital euro.
Source: ibtimes.co.uk
UK prepares to introduce central bank-backed digital pound
The United Kingdom is preparing to introduce the digital pound backed by the Bank of England (BoE), essentially making the idea of a trackable central bank digital currency (CBDC) a reality. [...]
Source: naturalnews.com
Business News | Quant and UST Partner to Accelerate the Adoption of Institutional Digital Assets Across Financial Services
Get latest articles and stories on Business at LatestLY. Bengaluru (Karnataka) [India]/ Quant, the blockchain for finance pioneer, has partnered with UST, a leading digital transformation solutions company, to provide technical integration and tokenisation services to central and commercial banks and capital markets participants. Business News | Quant and UST Partner to Accelerate the Adoption of Institutional Digital Assets Across Financial Services.
Source: latestly.com