“Though not in the bank’s near-term ambitions, a digital pound could one day unlock real-time and low-cost cross-border transactions directly from their users’ digital wallets, eliminating the need for intermediaries and reducing transaction fees,” Adam Jackson, policy advisor at Innovate Finance told CoinDesk in a statement.
Related posts
-
NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even... -
Final Countdown for Crypto All-Stars as $5M+ Presale Enters Last Month Before Exchange Launch
Crypto All-Stars (STARS) has become one of the biggest presale events of 2024. Investors are buzzing... -
Crypto Roadmap Presented To Trump And Congress By Blockchain Association For Initial 100 Days
As President-elect Donald Trump prepares to assume office on January 20, 2025, the cryptocurrency industry is...