🚀 The Bank of England is racing against time to launch a central bank digital currency (CBDC), as Governor Andrew Bailey hints at a digital pound sprint. The urgency? Fintech firms are zooming ahead with innovative digital solutions, leaving traditional banks in the dust.

- Central banks are feeling the heat to upgrade tech and embrace Web3 innovations.

- The challenge? Balancing security and speed while dodging regulatory hurdles.

- Could CBDCs be the answer to financial inclusivity and inflation control?

Join the conversation! Will central banks catch up, or will fintech firms continue to lead the charge? 💬