BoE hasn't 'made any decision' regarding a CBDC, says fintech director
Cointelegraph
Published Oct 27, 2020 04:20PM ET
Updated Oct 27, 2020 07:00PM ET
At the 2nd Bund Summit held on Oct. 25, Bank of England fintech director Tom Mutton stated that while a central bank digital currency, or CBDC, was “a focus” for the Bank of England, the position the bank had taken this past March hadn’t changed.
“We haven’t made any decision on whether or not to launch a retail CBDC,” said Mutton. “But we are exploring the pros and cons with interest.”
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Written By: Cointelegraph
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