Skip to main content

Black Listed News
Trending Articles:
Trending Articles:

Bank of England Considering Launching a Digital Currency

Published: April 19, 2021
Share | Print This

Share to Gab

Britain’s Treasury and the Bank of England are weighing the potential creation of a central bank digital currency, reports Bloomberg.

The government and central bank on Monday announced the creation of a task force to coordinate on the possibility of BOE-issued digital money for use by households and businesses. 

If approved, the digital currency would “exist alongside cash and bank deposits, rather than replacing them,” according to the statement.

If a digital currency operates alongside cash and checking accounts, then it is not a threat to privacy that an entire digital-only currency would be. It would be more like a debit card with cash as an option but it would be a slippery slope.


Share This Article...

Image result for patreon


Ad Blocking software disables some of the functionality of our website, including our comments section for some browsers.

Image result for patreon

Support Blacklisted News
and Kill The ADS!!!

Become our Patreon and get access to the ad free version of the website and other insider exclusives for $1.00

Login with patreon to gain access to perks!

More Blacklisted News...

Black Listed Gear Store
On Patreon
On Gab
On Gettr
On Twitter
On Reddit
On Facebook

Our IP Address:

BlackListed News 2006-2019
Privacy Policy
Terms of Service