The Bank of England and the UK Treasury jointly create a taskforce to explore a potential central bank digital currency
Quick Take — The Bank of England and HM Treasury have jointly created a CBDC taskforce. — They will explore a potential digital currency in the U.K.
The Block Yogita Khatri
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Discussion
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@hmtreasury
HM Treasury
on x
Today Chancellor @RishiSunak announced a new HM Treasury and @bankofengland taskforce to explore a UK central bank digital currency. #UKFW21 Read more: https://www.gov.uk/... https://twitter.com/...
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@kevin_cage_
Kevin Cage
on x
Bank of England, HM Treasury establish new taskforce to explore digital currency “They will monitor international CBDC developments to ensure the U.K. “remains at the forefront of global innovation.” #Crypto #CBDCs https://www.theblockcrypto.com/ ...
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@goldseek
@goldseek
on x
Don't you love how slow monopolies are to respond? If it wasn't for the crypto market surging, they might not even be motivated yet to create a taskforce to explore the potential impact.. blah blah feelings of a digital currency blah blah.. bureaucracy: https://www.bankofengland.…
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@afrovii
T. Rankn
on x
So threatened by crypto are these CBs that they're joining the game. Welcome. | Bank of England statement on Central Bank Digital Currency | Bank of England https://www.bankofengland.co.uk/ ...