Crypto EcoBlog
Following a successful Project Rosalind CBDC test, the BoE is making progress with developing and launching a digital pound. The Bank of England (BoE) is moving closer to launching its Central Bank Digital Currency (CBDC) after its long test project on the potential benefits of the technology. The BoE launched Project Rosalind last year to help decide whether to float a CBDC. The BoE undertook the CBDC project in collaboration with the Bank of International Settlements (BIS) to...
Read More »Bank of England: We’re looking at the case for a digital pound
The digital pound: A new form of money for households and businesses? The Bank of England published a Consultation Paper, which explores the need for the digital pound and proposes a set of design choices for it: The digital pound would be a new type of money issued by the Bank of England for everyone to use for day-to-day spending. You would be able to use it in-store or online to make payments. This type of money is known as a central bank...
Read More »Bank of England to Backtrack on Digital Pound as Digital Euro Receives Major Boost
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