Bank of England Tells Ministers to Intervene on Digital Currency ‘Programming’

“The Bank of England has called on ministers to decide whether a central bank digital currency should be “programmable”, ultimately giving the issuer control over how it is spent by the recipient.”

(very important…this issue applies to everyone, not just G.B.)

https://www.msn.com/en-gb/money/other/bank-of-england-tells-ministers-to-intervene-on-digital-currency-programming/ar-AALhtDP

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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