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Bank of England digital currency raises risk of bank runs, warn MPs

The Bank of England’s plans to introduce a digital pound could increase the risk of bank runs, MPs have warned.

BoE s Jon Cunliffe: Digital pound likely needed by end of the decade

Plans to implement a ‘digital pound’ are likely to happen by “the end of the decade”, said Bank of England deputy governor Jon Cunliffe.

Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation

The deputy heads of the U.S. and U.K. central banks spoke in Washington about central bank digital currencies and stablecoin regulation.

Bank of England Official Says UK Likely to Need Digital Pound

Bank of England Official Says UK Likely to Need Digital Pound
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