Cunliffe said there had been general support for the CBDC’s overall model, but that the central bank will refine estimates of take-up and holding limits. It previously proposed that individuals wouldn’t be able to hold more than 10,000 ($12,000) to 20,000 pounds of the CBDC, at least during an introductory period.
BOE CBDC Consultation Garnered Over 50,000 Responses, Many Privacy Concerns: Deputy Governor Jon Cunliffe
