Will banks survive? Bank of England prepares to launch CBDC if innovation stalls

Will banks survive? Bank of England prepares to launch CBDC if innovation stalls



The Bank of England has warned that it could deploy a digital currency if commercial banks falter, signaling the potential for financial instability ahead. Digital payments scene: BOE ready to unleash CBDC if banks slip behind Bank of England (BOE) Governor Andrew Bailey shares his views on the growth of digital payments. […]

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