Page 26 - Fintech Week News Today : Breaking News, Live Updates & Top Stories | Vimarsana

new FCA ‘scale box’ and Centre for Finance, Innovation and Technology to boost growth UK to lead digitisation of finance with central bank digital currency taskforce and support for new technologies and infrastructures additional plans for capital markets reform to enhance open and dynamic financial centre Speaking at Fintech Week, the Chancellor Rishi Sunak set out proposals to enhance the UK’s competitive advantage in fintech, from regulatory support and reforms to help firms grow to a new taskforce to lead the UK’s work on a central bank digital currency. Building on opportunities ...

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...