Sentiment: Negative
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Bank of England’s digital pound won’t replace cash
By Samuel Wan at 2024-12-04 01:27
Sentiment: Negative
The digital pound will not replace cash under the proposed Central Bank Digital Currency (CBDC) system, per the Times. Public opinion on CBDCs is generally negative, including concerns about financial privacy and infringement of personal freedoms. Nonetheless, the Bank of England (BoE) said a digital pound is “likely to be needed” in an increasingly digital […] The post Bank of England’s digital pound won’t replace cash appeared first on CryptoSlate. Continue reading...
Categories: CBDCs
Tags: #CBDCs #Featured
Source CryptoSlate