news

bitcoin

1 X bitcoin bitcoin =

Thursday

13 May 2021

The U.K. Could Create a Digital Currency Task Force | Crypto Briefing

The U.K. Could Create a Digital Currency Task Force | Crypto Briefing


smart summary beta

Treasury chief Rishi Sunak has proposed a task force to examine the possibility of a central bank digital currency (CBDC).

The announcement revealed that the country’s task force will unite the HM Treasury and the Bank of England to work on exploring the a potential for a central bank digital currency.

A separate document suggests more specifically that the task-force will be co-chaired by two personnel: Jon Conliffe (Deputy Governor of the Bank of England) and Katharine Braddick (Director General of the HM Treasury).

HM Treasury also noted that two new forums will be established.

The task force will also investigate the use of distributed ledger technology (DLT) for private sector applications.

Goto Full Article

bitcoin bitcoin price

$49716.00

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

cryptobriefing.com
Market data feeds provided by cryptocompare.com
bitsmart 2021