Bank of England sets up taskforce to explore central bank digital currency
More than 60 central banks are now exploring digital currencies, says PwC report
19 April 2021 - 19:45
London — Britain’s Treasury and the Bank of England (BOE) are weighing the potential creation of a central bank digital currency (CBDC), joining authorities from China to Sweden exploring the next big step in the future of money.
The government and central bank on Monday announced the creation of a taskforce to co-ordinate on the possibility of BOE-issued digital money for use by households and businesses. They will engage in discussions with stakeholders on the risks and benefits before making a decision...
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