News in your inbox
Channels
Editorial | what does this mean?
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
Is the Bank of England’s CBDC announcement overdue? 5 hours ago
Chancellor Rishi Sunak
recently announced several significant updates to enhance the UK’s competitive advantage in fintech, one of which pertains to exploration of a retail central bank digital currency (CBDC).
A CBDC is a central bank-issued digital money, denominated in the national unit of account, representing a liability of the central bank and would be available for use by households and businesses. The idea is generating significant interest from central
Japan
Thailand
Hong-kong
United-kingdom
China
Sweden
Jamaica
United-arab-emirates
Canada
Switzerland
Bahamas
The