UK is unlikely to issue a central bank digital currency (CBDC) as the Bank of England lacks the necessary technical skills, according to Jon Cunliffe, the deputy governor. The BoE plans to partner with the private sector to test a digital pound in a simulated environment, with the aim of gaining the required expertise to develop a working prototype. (Read More)
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UK lacks expertise for central bank digital currency
Reviewed by CRYPTO TALK
on
March 04, 2023
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