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BoE governor sees big challenges as it eyes 'digital banknotes'

By David Milliken

Mar 13 2020 1:55PM

As cash use plummets in Britain.

BoE governor sees big challenges as it eyes 'digital banknotes'

The Bank of England must tread carefully to avoid financial stability dangers if it creates a digital equivalent to its existing banknotes, Governor Mark Carney said on Thursday. Cash usage is falling in Britain, making shoppers and businesses more reliant on electronic money held with banks and ...

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