BoE Embarks on CBDC and DLT Experiments for Payment Systems

The Bank of England (BoE) wants to test distributed ledger technology (DLT) and wholesale central bank digital currencies or CBDC (wCBDC). These experiments will map the dynamics of the payments landscape and evaluate the potential and challenges of financial technology innovations. Central Banks Explore Cryptocurrencies and DLT Possibilities The emergence of cryptocurrencies and DLTs has led... source: https://www.thecoinrepublic.com/2024/07/31/boe-embarks-on-cbdc-and-dlt-experiments-for-payment-systems/