Casino finance and Central bank digital currency: Difference between pages
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(CBDC). | |||
Digital currency issued and administered by a central bank. | |||
:<span style="color:#4B0082">'''''Bank of England considering CBDC'''''</span> | |||
:"A Central Bank Digital Currency (CBDC) [in the UK] would allow households and businesses to directly make electronic payments using money issued by the Bank of England. | |||
:We have not yet made a decision on whether to introduce CBDC. | |||
:The Bank [of England] provides physical money in the form of banknotes, which can be used by households and businesses to make payments. | |||
:We also provide electronic money, but this can only be used by banks and selected financial institutions. | |||
:A Central Bank Digital Currency would make electronic money, issued by the Bank of England, available to all households and businesses. | |||
:This would allow everyone to make electronic payments in central bank money. | |||
:... CBDC is sometimes thought of as equivalent to a digital banknote, although in some respects it may have as much in common with a bank deposit. | |||
:Any CBDC would be introduced alongside – rather than replacing – cash and bank deposits." | |||
:''Bank of England - April 2020.'' | |||
== See also == | == See also == | ||
* [[ | * [[Account]] | ||
* [[Altcoin]] | |||
* [[Bank of England]] | |||
* [[Bitcoin]] | |||
* [[Blockchain]] | |||
* [[Central bank]] | |||
* [[Crypto-assets]] | |||
* [[Cryptocurrency]] | |||
* [[Cryptography]] | |||
* [[Currency]] | |||
* [[Deposit]] | |||
* [[Digital currency]] | |||
* [[Distributed ledger]] | |||
* [[e-money]] | |||
* [[Ether]] | |||
* [[Fiat currency]] | |||
* [[Gold standard]] | |||
* [[Libra]] | |||
* [[Money]] | |||
* [[Ripple]] | |||
===External links=== | |||
[https://www.bankofengland.co.uk/research/digital-currencies Central bank digital currencies - Bank of England] | |||
[https://www.bankofengland.co.uk/-/media/boe/files/digital-currencies/the-economics-of-digital-currencies.pdf?la=en&hash=BE28BE59F18E79CCE705643CF14F36DF8897E56D The economics of digital currencies - Bank of England] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
[[Category:Technology]] | |||
Revision as of 11:55, 29 July 2020
(CBDC).
Digital currency issued and administered by a central bank.
- Bank of England considering CBDC
- "A Central Bank Digital Currency (CBDC) [in the UK] would allow households and businesses to directly make electronic payments using money issued by the Bank of England.
- We have not yet made a decision on whether to introduce CBDC.
- The Bank [of England] provides physical money in the form of banknotes, which can be used by households and businesses to make payments.
- We also provide electronic money, but this can only be used by banks and selected financial institutions.
- A Central Bank Digital Currency would make electronic money, issued by the Bank of England, available to all households and businesses.
- This would allow everyone to make electronic payments in central bank money.
- ... CBDC is sometimes thought of as equivalent to a digital banknote, although in some respects it may have as much in common with a bank deposit.
- Any CBDC would be introduced alongside – rather than replacing – cash and bank deposits."
- Bank of England - April 2020.
See also
- Account
- Altcoin
- Bank of England
- Bitcoin
- Blockchain
- Central bank
- Crypto-assets
- Cryptocurrency
- Cryptography
- Currency
- Deposit
- Digital currency
- Distributed ledger
- e-money
- Ether
- Fiat currency
- Gold standard
- Libra
- Money
- Ripple
