England’s CBDC not a done deal yet
Many central banks around the world are working on central bank digital currencies. The Bank of England, on the other hand, has no firm plans in this regard.
Digital central bank currencies, Central Bank Digital Currencies (CBDC), are becoming increasingly popular. In addition to China with the digital yuan and Nigeria with the eNaira, central banks around the world are working on a digital central bank currency. The EU also started preparations for the digital euro last year. The question at the Bank of England, on the other hand, is far from settled. …
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