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BOOM! Bankers in Panic Mode as BoE Unleashes Doomsday Device That Will Wipe You Off the Financial Map

A frantic banker sits at a desk surrounded by screens displaying chaotic financial data and cryptic messages on their computer screen as they frantically type away with their fingers flying across the keyboard in panic.

Can Banks Survive the CBDC Storm? BOE’s Andrew Bailey Speaks Out.

Source: bitcoin.com

The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Bank of England (BOE) Governor Andrew Bailey shared his outlook on the evolution of digital payments in a speech at the Group of Thirty’s Annual International Banking Seminar in Washington on Saturday, underscoring both the need for updates and a potential role for central bank digital […]

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