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Bank of England and HM Treasury Create Taskforce for Proposed CBDC Project

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UK launches taskforce for potential Bank of England digital currency

UK launches taskforce for potential Bank of England digital currencyThe Bank of England (BoE) and Her Majesty’s Treasury (HM Treasury) have jointly created a task force for the UK’s proposed central bank digital currency (CBDC) project. Taskforce to Explore Modalities for UK’s CBDC In a press release published on Monday (April 19, 2021), the BoE and the HM Treasury instituted a Taskforce that would

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