Bank of England Considers Abandoning Digital Pound Plan

By: theblockbeats.news|2025/07/23 06:21:49

BlockBeats News, July 23rd, According to Bloomberg, the Bank of England is considering abandoning its Central Bank Digital Currency (CBDC) plans. Bank Governor Andrew Bailey stated that if commercial bank payment innovations are successful, he would need "a lot of persuasion" to introduce digital pounds, marking a global decline in support for government-backed digital currencies.

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WEEX 2025 Global Offline Events Hub

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crypto insight|2025/08/12 07:20:28

Ripple Rolls Out Cross-Border Blockchain Payments in the UAE

Imagine sending money across borders as effortlessly as texting a friend—quick, cheap, and crystal clear. That’s the promise…

crypto insight|2025/08/10 16:10:21