2023-02-08
Why would we need a digital pound? Primary Motivations: - Ensuring the role of the UK central bank is an anchor for confidence and safety in our monetary system - Promoting innovation, choice and efficiency Fostering stability and growth with access, innovation & choice. https://twitter.com/...
CoinDesk
The Bank of England publishes two papers on a new digital pound, seeming to favor centralized databases over a blockchain and limiting to £10K-£20K per person
The Bank of England has set out technical features of its central bank digital currency, which officials have said is likely to be needed.