BoE keeping ‘open mind’ on central bank digital currency – Carney

Mark Carney
Mark Carney
WEF

The Bank of England is keeping an “open mind” on the issue of central bank digital currencies (CBDC), governor Mark Carney said during an online Q&A today (January 9).

Nevertheless, “in all likelihood, it could be some time, if ever, before private accounts would be available from the BoE”, the governor said, highlighting several pros and cons to offering a CBDC.

A CBDC would entail offering the general public access to accounts at the central bank. Money in the accounts would be central bank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: