🇬🇧 The Bank of England accelerates the development of a national digital currency (CBDC) to keep up with the pace of fintech innovation.
- Fintech is leading with Web3 technology and decentralized infrastructure, while traditional banks are still struggling with old systems.
- The pressure to innovate is not only an opportunity but also a significant challenge for central banks.
- CBDC could open up more inclusive financial opportunities, better control inflation and fiscal policy.
What do you think about the future of CBDC? Share your thoughts! 💬