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Find out the latest from the Bank of England on how Central Bank Synthetic Hegemonic Currencies (SHC) complement the legacy financial system and support monetary policy through a #NetworkofCentralBankDigitalCurrencies #DLT #Blockchain bankofengland.co.uk/-/media/boe/fi…
What I said in Zug. @bankofengland states, that central bank currencies should be run by central banks to complement the existing system, providing stability, efficiency and managing risk. The beginnings of rearchitecting the entire financial system!
According to @BIS_org, this is how central bank currencies fit into the financial system. bis.org/cpmi/publ/d174…
Also @IMFNews published “The Rise of Digital Money”. Showing the attributes of different types of money and how Synthetic Central Banked Digital Currencies sCBDC work as a private-public partnership to #RearchitecttheFinancialSystem imf.org/~/media/Files/… #blockchain #DLT #DeFI
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