skip to Main Content
bitcoin
Bitcoin (BTC) $ 95,181.50 1.59%
ethereum
Ethereum (ETH) $ 1,820.23 3.46%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.29 0.84%
bnb
BNB (BNB) $ 602.28 0.17%
solana
Solana (SOL) $ 148.91 1.80%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.178901 2.12%
cardano
Cardano (ADA) $ 0.711056 2.92%
tron
TRON (TRX) $ 0.245833 0.36%

Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report

Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report

Bank of England Deputy Governor Jon Cunliffe said it was not his central bank’s responsibility to protect banks from whatever impacts digital currency projects may bring.

  • “Our job is not to protect bank business models,” Cunliffe said, according to Reuters.
  • Politicians must fast-track their analysis of central bank digital currencies to stay ahead of the private sector, he said.
  • The Bank of England is one of the many central banks currently studying digital currencies.
Loading data ...
Comparison
View chart compare
View table compare
Back To Top