As confirmed by several economic outlets, including Bloomberg, Bank of England governor Andrew Bailey took part in a VTALK with students this past Monday for Speakers for Schools. When the subject of digital currency came up, Bailey said:
We are looking at the question of, should we create a Bank of England digital currency. We’ll go on looking at it, as it does have huge implications on the nature of payments and society. I think in a few years time, we will be heading toward some sort of digital currency.
The digital currency issue will be a very big issue. I hope it is, because that means Covid will be behind us.
Whilst only a short quote, there are several strands to pick up on here…
To read more visit Steven Guinness.
- Economy Continues To Print Very Strong Numbers…Retail Sales Pop
- Clutching At Straws – Iran Deal With China For Regime Survival