Taxpayers’ millions have yet again been squandered on a white elephant
In April 2021, the Bank of England and HM Treasury announced an initiative to investigate the creation of a “digital pound”.
Cryptopolitan on MSN2d
Bank of England explores Ripple’s inter-ledger protocol for synchronized RTGS payments
Bank of England was able to effectively conduct a Proof of Concept (PoC) exercise in collaboration with Ripple.
Britain’s digital pound has all the signs of being another national white elephant
In April 2021, the Bank of England and HM Treasury announced an initiative to investigate the creation of a “digital pound”.
The benefits of CBDCs are too great to ignore
And in some countries, well-regulated faster payment services look to accomplish many of the same objectives as CBDCs without requiring the creation of an entirely new form of money. Brazil and India ...