UK plans for future CBDC Digital Currency - Walk The World

Published: 18 Apr 2021 · Uploaded: 22 Apr 2021 Watch on Youtube.com
2613 views · 2 days ago 6:44

TAGS DIGITAL CURRENCY 6 CBDC 8 CENTRAL BANK DIGITAL CURRENCY 2 WALK THE WORLD 2

Video Description (from Youtube)

A late breaking news story from the UK, as the Bank of England progresses its investigations into CBDC.

https://www.bankofengland.co.uk/news/2021/april/bank-of-england-statement-on-central-bank-digital-currency

The Bank of England and HM Treasury have today announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC. A CBDC would be a new form of digital money issued by the Bank of England and for use by households and businesses. It would exist alongside cash and bank deposits, rather than replacing them.

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Shared on: 22 Apr 2021

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