News Explorer — Bank of England Governor Skeptical About Digital Pound CBDC

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Jul 16, 1:53 pm

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Bank of England Governor Skeptical About Digital Pound CBDC

The governor of the Bank of England has expressed doubts about the necessity of a digital pound, or CBDC, questioning its role in the future of money. Andrew Bailey emphasized the importance of innovation in payments but remains unconvinced about the need for a new form of currency.

The governor of the Bank of England has expressed doubts about the necessity of a digital pound, or CBDC, questioning its role in the future of money. Andrew Bailey emphasized the importance of innovation in payments but remains unconvinced about the need for a new form of currency.

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