💨 Abstract

The Bank of England has announced that a decision on whether to introduce a central bank digital currency for the general public in Britain won't be made until at least 2025, pushing back the timeline for the project. The BoE will work with the finance ministry on a potential design over the next couple of years before assessing the policy case and determining whether to proceed.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖