Great Reset: UK Prepares to Introduce a ‘Digital Pound’ Central Bank Digital Currency
Title : Great Reset: UK Prepares to Introduce a ‘Digital Pound’ Central Bank Digital Currency
Link : Great Reset: UK Prepares to Introduce a ‘Digital Pound’ Central Bank Digital Currency
Chancellor of the Exchequer Jeremy Hunt revealed that, as a part of his ‘Edinburgh Reforms’ of Britain’s financial services, the Bank of England will begin consultations on the design of a Central Bank Digital Currency (CBDC) which would act as a digital version of the pound sterling.
Hunt, an anti-Brexit, pro-China figure resurrected from the David Cameron era, said in a written statement to Parliament that the government will begin “bringing forward a consultation in the coming weeks to explore the case for a central bank digital currency – a sovereign digital pound – and consult on a potential design.”
“The Bank of England will also release a Technology Working Paper setting out cutting-edge technology considerations informing the potential build of a digital pound,” he added. READ MORE Coming to America?
Great Reset: UK Prepares to Introduce a ‘Digital Pound’ Central Bank Digital Currency
Great Reset: UK Prepares to Introduce a ‘Digital Pound’ Central Bank Digital Currency
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