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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 cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Digital Payments Showdown: BOE Set to Roll Out CBDC if Banks Slip Behind Bank of England (BOE) Governor Andrew Bailey shared his outlook on the evolution of digital payments in a […]

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