The Bank of England (BoE) received more than 50,000 feedback from the public regarding the digital pound.
According to the statements made by Bank of England Deputy Governor Jon Cunliffe, the majority are in favor of digital sterling. privacy, programmability And collapse of cash is concerned about it.
The BoE began collecting public opinions on digital sterling in February, and this process continued until June. The central bank has not yet made a clear decision on digital sterling.
Addressing privacy concerns, Cunliffe said that transactions made with digital sterling How confidential are electronic payments today? that it would be so secret that the BoE citizens will not be able to see their data told.
According to the Vice President’s statements, people also believe that digital sterling banking system may adversely affect and may pose a threat to financial stability they think. Some citizens are There is no need for digital sterling in his opinion.
The Bank of England, which accelerated its R&D work on digital sterling in February, plans to implement digital sterling in the future. may be needed he thinks.
Authorities say that cash money He says it won’t affect it.