Responses to hmtreasury and bankofengland plans for a digital pound are coming in. Some U.K. stakeholders want the CBDC to be interoperable with crypto while others are calling for tougher caps on individual holdings. camomileshumba reports
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline PaymentsThe digital pound system might also enable offline payments though this could result in “complexities that affect system security and performance,” the BoE working paper said.
“If the purpose is to ensure uniformity of money and protect privacy in a world of digital assets, then it will need to be able to work with the digital assets of the future, and it will need to be just as easy to use,” Paul said. that could facilitate both tokenized assets and CBDCs that it said could enhance the global financial system, although it is uncertain if such a concept would be feasible in reality.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
12 Best Pound-For-Pound Boxers In Sports Movies, RankedFrom Rocky to Southpaw, cinema has a massive world of boxers, and here are the 12 best pound-for-pound boxers throughout movie history.
Read more »
Boxing pound-for-pound rankings: Teofimo Lopez back in Top 10, or is he?Teofimo Lopez's victory over Vasiliy Lomachenko on Oct. 17, 2020, which seems so long ago, remains the signature victory over his career. But his win over Josh Taylor at Madison Square Garden in New York on June 10 was equally significant.
Read more »
This L1 network creates a secure and efficient interoperable network with Bitcoin, Ethereum and moreA new layer-1 blockchain seeks to establish secure connections between different chains — including smart contract chains like Ethereum and non-smart contract chains like Bitcoin
Read more »
Fishing crew denied $3.5 million prize after their 619-pound marlin is bitten by a sharkMembers of a competitive fishing crew are filing a protest after they were denied a $3.5 million prize because of a shark bite.
Read more »
John Goodman got ‘lazy’ with exercising, ‘let everything go’ after 200-pound weight lossThe “Roseanne” star, who dropped 200 pounds in recent years, said he “let everything go” during the COVID-19 pandemic.
Read more »
‘Ten Pound Poms,’ ‘The Fragile Colossus,’ ‘The Seed’ Triumph at Monte-Carlo Television Festival“The Fragile Colossus,” “Ten Pound Poms” and “The Seed” ruled the roost at this year’s Monte-Carlo Television Festival, with the three programs collecting two prizes each at a small-screen showcase…
Read more »