#central bank

They announced a new job on LinkedIn: “Head of Central Bank Digital Currency.” "The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a U.K. central bank digital currency (CBDC)," reads the post. The Bank of England (BoE) had previously stated that the FTX collapse proved the need for a digital pound.

Fabio Panetta, a member of the board of the European Central Bank, said that the digital euro does not involve the ability to set limits on how funds can be spent. This is one of the main concerns in society regarding the proliferation of Central Bank Digital Currencies (CBDCs), since today's technology will allow it to happen. Well, we'd like to believe... But today it's one thing, and tomorrow another.