BoE deputy guv: banks must adjust to changes from CBDCs

BoE deputy guv: banks must adjust to changes from CBDCs

The Bank of England’s deputy governor Jon Cunliffe reportedly said that England’s central bank was not going to ensure that mainstream banking business would remain relevant or not when future digital currencies launch. Cunliffe said in a report: Our job is not to protect bank business models. Banks will have to adjust.  Our job is …

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