The Bank of England (BoE) and His Majesty’s Treasury believe the United Kingdom is likely to need to create a central bank digital currency (CBDC) by 2030, according to a Daily Telegraph report on Feb. 4.
The “digital pound” roadmap is set to be introduced next week, a government source told the newspaper. Deputy Governor Jon Cunliffe is scheduled to give an update on the BoE’s work on the CBDC on Feb. 7
Source link
(This article is generated through the syndicated feed sources, Financetin neither support nor own any part of this article)
Thank you for reading this post, don't forget to subscribe!
