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Bank Of England: Minutes Of The CBDC Engagement Forum - November 2021 - First Meeting Of The CBDC Engagement Forum

<div class="section-heading"> <h2 id="chapter-0"><span>Minutes</span></h2> <p><span>Date: 2 November 2021</span></p> </div> <div class="section-heading"> <h3 id="chapter-0-0"><span>Item 1: Objectives and format of the Engagement Forum meetings</span></h3> <p><span>Co-chairs Gwyneth Nurse and Jon Cunliffe welcomed the Members and attendees to the first CBDC Engagement Forum meeting. They noted that exploration of CBDC is a multi-year project that is now in the research phase, with the goal of clearly identifying the objective for a UK CBDC, determining the strength of any case for it, the nature of risks, and analysing the possible design, function, and operating model of any CBDC. The Bank of England and HMT&rsquo;s aim is to move towards a stance on whether or not a CBDC is needed in the ....

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Consumers caught in middle as Amazon, Visa clash over fees - New Delhi Times - India Only International Newspaper

Customers are caught in the middle of a growing dispute between Amazon and Visa over transaction fees. The online retail giant moved this week to stop shoppers from using Visa credit cards issued in the United Kingdom starting next year, the latest salvo in a battle between payment networks and retailers. Amazon blamed “high fees”… ....

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To counter high fees, UK Amazon to stop accepting Visa card

Amazon.com will stop accepting Visa credit cards issued in the UK for purchases starting next year, in a bid by the online retailer to avoid costly transaction fees charged by payment networks ....

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