The Bank of England heads across the Atlantic for more CBDC research.
Other voices have entered the discussion as well, with the House of Lords Economic Affairs Committee, for example,about a potential digital pound early this year, pointing out “advantages on speed of settlement and cheaper and faster cross-border payments,” along with “challenges for financial stability and the protection of privacy.”
The Bank of England joins the Federal Reserve Bank of Boston and the Bank of Canada as CBDC research partners at the DCI, which is the
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