BTC
ETH
LTC
DASH
XMR
NXT
ETC
DOGE
ZEC
BTS

Bank of America Says UK CBDC Would Be More Than a Digital Form of Cash

0



Given that consumers hold only small amounts in cash, there would be greater convenience in switching a current account into Britcoins, BoA said. That could be an area of concern for commercial banks. Checking accounts, or current accounts as they are called in the U.K., are the lifeblood of commercial banks’ business models, providing them with stable funding over a long term.



Source link

Leave A Reply

Your email address will not be published.