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News Explorer — CBDCs, Bitcoin Can Coexist in 'Mixed Ecosystem': BoE CBDC Lead

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Mar 31, 7:48 am
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CBDCs, Bitcoin Can Coexist in 'Mixed Ecosystem': BoE CBDC Lead

The Bank of England's CBDC lead Katie Fortune believes that CBDCs and Bitcoin can coexist in a mixed ecosystem of different forms of money. She suggests that a bridge asset like a CBDC could help set standards and boost innovation, while also providing a social good. The BoE is pushing for a digital pound, and the focus should be on retail payments and e-commerce to create smoother processes.

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