This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a speech delivered at a G30 seminar in Washinton, Baily ...

The Bank of England is to start a series of conversations with businesses on the likely impact of a digital pound.

The Bank of England said it plans to carry out a series of experiments on a wholesale central bank digital currency and distributed ledger technology. It will also experiment to ensure that the ...

Bank of England officials are considering abandoning plans to create a digital pound for households amid growing skepticism about the project’s benefits. The BOE has privately urged the banking ...

The Bank of England (BoE) has announced plans to conduct a series of experiments with distributed ledger technology (DLT) and wholesale central bank digital currencies (wCBDC). This initiative seeks ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a ...

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While typically targeting the Fed’s dual mandate of pursuing full employment and low ...

What Does Central Bank Digital Currency Mean? A Central Bank Digital Currency is a digital form of a country's fiat currency issued by its central bank. Unlike cryptocurrencies, CBDCs are centralized ...