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MIT adds the Bank of England to its stable of CBDC digital currency research partners -Breaking


Friday saw the Bank of England announce that it has reached an agreement, with Massachusetts Institute of Technology Media Lab Digital Currency Initiative or DCI on a 12-month-long joint project regarding Central Bank Digital Currency (or CBDC). The bank A statement stating that this project was intended for research only and is not designed to create an operational CBDC.

Bank All rights reservedStudying CBDC for 2020. The DCI released a March discussion paper. AnsweredThis is followed by a discussion on how a CBDC can meet the goals set forth in the paper. Bank and Treasury A task force for exploratory work was establishedLast April, the bank published a discussion paper on CBDC. The bank’s latest discussion paper on CBDC was Published Thursday.