MIT adds the Bank of England to its stable of CBDC research partners -Breaking
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Friday’s announcement by the Bank of England was that they had reached an agreement to collaborate with Massachusetts Institute of Technology Media Lab Digital Currency Initiative (or DCI) on a twelve-month joint research project about central bank digital currencies. Bank In a statement, the project’s purpose was to conduct research and not develop an operational CBDC.
The bank BeginStudying CBDCs for 2020 and releasing a paper in March. DCI RespondedA discussion on how a CBDC can meet the goals set forth in the paper. The bank and the Treasury A task force for exploratory work was established on the matter last April, and the bank’s latest discussion paper on CBDC was Published Thursday.
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