Bank of England Releases Discussion Paper on CBDCs (35/37)

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Submitted to "Top Fintech News | 09-15 March 2020 (Open list) (37 submissions)"

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by Christophe Langlois Mar 17, 2020, 12:00 pm

🇬🇧 Bank of England Releases Discussion Paper on CBDCshttps://t.co/I5qODIxJ7A @Cointelegraph https://t.co/UaE1zy6eya @Bankofengland (57-page report)#CBDC #cryptocurrency #crypto #blockchain #cashless #Corvid19 #fintech #finserv @ccrosswell @dgwbirch @Chris_Skinner @thomaspower pic.twitter.com/qe9pY7fBGy
— 🆑 Christophe Langlois (@Visible_Banking) March 13, 2020

The Bank of England is seriously weighing the pros and cons of issuing a central bank digital currency denominated in pounds sterling. Britain’s central bank recognised that a digital pound could be destabilising for the current banking system. However, a digital currency could utilise the latest FinTech and make transactions easier and faster for consumers.

Source: cointelegraph.com

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Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.