• BoE's governor Bailey: BoE is actively exploring opportunities and risks of central bank digital currency

Market news

7 June 2021

BoE's governor Bailey: BoE is actively exploring opportunities and risks of central bank digital currency

  • BoE has not made a decision on central bank digital currency (CBDC)
  • Emerging propositions of CBDC have generated a host of issues
  • Overall, impact of digital money scenario on lending rates, credit provision is modest

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