Digital Pound Could Hit Financial Stability and Erode Privacy, UK Lawmakers Warn

Digital Pound Could Hit Financial Stability, Erode Privacy: UK Lawmakers

A digital pound used by consumers could harm financial stability, raise the cost of credit, and erode privacy, though a version for wholesale use in the financial sector demands greater appraisal, British lawmakers said on Thursday. Britain’s central bank and finance ministry said in November they would hold a consultation this year on whether to […]

Continue Reading