Monday, March 3, 2025

Tag: United Kingdom Puts Forward Plan for Central Bank Digital Currency by End of 2022

United Kingdom Puts Forward Plan for Central Bank Digital Currency by End of 2022

    0

    by Shane Trejo, Big League Politics:

    The United Kingdom is expected to release a report featuring some proposed steps for a central bank digital currency (CBDC) by the end of the year.

    According to Tom Parker of Reclaim the Net, the Bank of England and the UK Treasury will be issuing the report. Sir Jon Cunliffe, the Bank of England’s Deputy Governor of Financial Stability, announced the release of the report at a recent speech titled “Reflections on DeFi, digital currencies and regulation.”