Retail central bank digital currency and UK: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add abbreviation - source - Project Icebreaker report 2023 - https://www.bis.org/publ/othp61.pdf)
 
imported>Doug Williamson
(Create page. Sources: Linked pages.)
 
Line 1: Line 1:
(Retail CBDC or rCBDC).
1. ''Political - noun.''


A CBDC is a digital currency issued and administered by a central bank.
Abbreviation for the United Kingdom.


A retail CBDC is one that can be accessed and used by the public.
The United Kingdom, formally and in full, is the United Kingdom of Great Britain and Northern Ireland.


Contrasted with wholesale central bank digital currencies (wCBDCs) that can only be accessed by financial institutions.


2.  ''Adjective - qualifier.''
Designating that something relates to the UK, for example UK Export Finance or UK GAAP (generally accepted accounting practice).


== See also ==
* [[Blockchain]]
* [[Britcoin]]
* [[Central bank]]
* [[Central bank digital currency]]
* [[Currency]]
* [[Digital currency]]
* [[Distributed ledger]]
* [[Money]]
* [[Multi-CBDC arrangement]]
* [[Retail]]
* [[Sand Dollar]]
* [[Sovereignty]]
* [[Stablecoin]]
* [[Wholesale central bank digital currency]] (wCBDC)


3.  ''Brexit - European Union (EU) - Regulations - retained EU law.''


==External links==
Designating a domestic UK version of a regulation - for example UK GDPR - originally derived from an EU Regulation, for example the GDPR.
* [https://www.bankofengland.co.uk/paper/2021/new-forms-of-digital-money New forms of digital money - Bank of England - June 2021]


* [https://www.bankofengland.co.uk/research/digital-currencies Central bank digital currencies - Bank of England]
Depending where they do business, organisations may need to comply both the domestic UK version and the EU Regulation.


* [https://www.bis.org/about/bisih/topics/cbdc.htm Bank of International Settlements, Central Bank Digital Currency]


* [https://www.youtube.com/watch?app=desktop&v=srJMnI8WFRY ACT Webinar, Central Bank Digital Currencies, Overview of the Bank of England's Work, March 2021]]
== See also ==
* [[Brexit transition period]]
* [[Brussels]]
* [[EMIR]]
* [[EU 27]]
* [[European Community ]]
* [[Financial Fraud Action UK]]
* [[GDPR]]
* [[Regulation]]
* [[Retained EU law]]
* [[Single Market]]
* [[UK EMIR]]
* [[UK Export Finance]]
* [[UK GAAP]]
* [[UK GDPR]]
* [[UK MAR]]
* [[UK MiFIR]]
* [[UK plc]]
* [[UK Securities Financing Transactions Regulation]]
* [[United Kingdom]]
__NOTOC__


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
Line 40: Line 46:
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Risk_reporting]]
[[Category:Technology]]
[[Category:Financial_products_and_markets]]
[[Category:Trade_finance]]

Revision as of 04:49, 8 July 2021

1. Political - noun.

Abbreviation for the United Kingdom.

The United Kingdom, formally and in full, is the United Kingdom of Great Britain and Northern Ireland.


2. Adjective - qualifier.

Designating that something relates to the UK, for example UK Export Finance or UK GAAP (generally accepted accounting practice).


3. Brexit - European Union (EU) - Regulations - retained EU law.

Designating a domestic UK version of a regulation - for example UK GDPR - originally derived from an EU Regulation, for example the GDPR.

Depending where they do business, organisations may need to comply both the domestic UK version and the EU Regulation.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Retail_central_bank_digital_currency&oldid=49025’