BOE CBDC Consultation Garnered Over 50,000 Responses, Many Privacy Concerns: Deputy Governor Jon Cunliffe

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BOE CBDC Consultation Garnered Over 50,000 Responses, Many Privacy Concerns: Deputy Governor Jon Cunliffe

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. www.coindesk.com

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.

www.coindesk.com