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  1. Home
  2. Economy
140 new news items in the last 24 hours
22 July 20:38

The Bank of England has called on the banking industry to accelerate innovation in payments, while assessing the need for a central digital currency (CBDC).

Raluca Ioana Draghici
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The Bank of England (BoE) has urged UK banks to innovate in payments, minimizing the need for a central digital currency (CBDC). The CBDC would provide security for users, but the BoE is open to dropping the idea if the private sector develops effective solutions. The CBDC project is currently in the design phase, and BoE officials have expressed concern about declining global interest in state-backed digital currencies. The UK government has clarified that a digital pound would be a private but not anonymous currency, allowing suspicious transactions to be monitored.

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Economica
Banca Angliei se gândește să renunțe la crearea lirei sterline digitale – surse Bloomberg
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Stiripesurse
Lira digitală sub semnul întrebării – Banca Angliei ezită să meargă mai departe (Bloomberg)
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G4Media
Banca Angliei ar putea renunţa la planurile privind lira sterlină digitală (Bloomberg)

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The Bank of England cut its monetary policy interest rate by 25 basis points to 4.0%, in line with economists' expectations.
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Plans to build a new Chinese embassy in London have been put on hold because of controversy and uncertainty over the project.
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Informat Diaspora

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Tuesday 14:09

The Ministry of Foreign Affairs proposes the reintroduction of fees for consular services, including for passports and visas, affecting millions of Romanians abroad.

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