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Author Topic: UK will likely need to issue a digital currency, says BoE deputy governor  (Read 400 times)

Offline newshunter

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UK will likely need to issue a digital currency, says BoE deputy governor

The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention.


Source: UK will likely need to issue a digital currency, says BoE deputy governor

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Events like this are increasing the adoption of cryptocurrencies and their integration into the traditional economy. The easier access to cryptocurrencies is, the more people will be able to use them and their price will rise

 

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