UK think tank launches a crusade against 'surveillance' CBDCs

, explained that “the rollout of CBDCs in the U.K. is dangerous on a matter of fronts. We would be handing over more control of our money to the government and central bank.”

“This ties the monetary system even closer to the political system which has caused significant problems in the past and present. Instead we should be aiming to separate money and politics.” The advisory board economists including Patrick Minford, Julian Jessop and Chown, stated that “the decision of the Bank of England to pursue a British CBDC raises a number of very real concerns.” The group seeks to raise awareness of the “increased government surveillance” that CBDCs may offer.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UAE Launches 'Financial Infrastructure Transformation' Program; CBDC Among 9 Key Objectives – Bitcoin NewsOne of the UAE’s nine objectives is the research and development of a central bank digital currency (CBDC). Totally agree, but I only use ChiefraFba for signals and analysis Nice one, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals!
Source: BTCTN - 🏆 531. / 51 Read more »