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Bank Of England Drops Plans For Its Own Cryptocurrency, Fearing Instability

Updated: 24 August 2021

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The Bank of England has decided it will not launch its own cryptocurrency due to its possible impact on the financial system, according to FT Advisor. The bank began researching cryptocurrencies in 2015 and was considering launching its own cryptocurrency. The bank continues to research cryptocurrencies, but it has decided that having its own such

The post Bank Of England Drops Plans For Its Own Cryptocurrency, Fearing Instability appeared first on CCN

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Lester Coleman

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Bank Of England Drops Plans For Its Own Cryptocurrency, Fearing Instability

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