Broadbent weighs pros and cons of digital currency

ben-broadbent
Bank of England won't be adopting digital currencies any time soon, deputy governor hints

Central banks that consider issuing their own digital currency will have to bear in mind the effect it could have on the funding of banks and supply of credit, Ben Broadbent said today.

Speaking at the London School of Economics, the Bank of England (BoE) deputy governor outlined the importance of digital currency innovation, though he said it was "very unlikely" we'll drop pounds, dollars and euros for bitcoins.

Broadbent explained that the macroeconomic impact of central bank digital

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: