Regulators should embrace digital ID
Earlier this year, Bank of England governor Mark Carney suggested that digital ID cards “would make it safer for people to access money online”. I am right behind Carney on this, although I think he was wrong when he went on to say that such a scheme could also prove controversial and could “only be introduced by the government, rather than the Bank of England”.
In fact, nothing could be further from the truth: in the UK, a digital ID card could only be introduced by the Bank of England, rather
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