Bank of England to experiment with wholesale CBDC, synchronisation

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Announcements, News

The Bank of England (BoE) is proposing an experimental program using its Real-Time Gross Settlement (RTGS) system and wholesale central bank digital currency (wCBDC) to judge their settlement capacity and interoperability, the central bank announced in a discussion paper. Cointelegraph reports that the BoE promised to undertake the new series of experiments within the next […]