Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation

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The deputy heads of the U.S. and U.K. central banks spoke in Washington about central bank digital currencies and stablecoin regulation.

Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE.The Federal Reserve Board continues to research a central bank digital currency , or at least adjacent technologies, Vice Chair Michael Barr said on Oct. 27. He also touched on stablecoins at the Economics of Payments XII Conference, where his English colleague Sir Jon Cunliffe made his last speech as deputy governor of the Bank of England .

The consultation paper received 50,000 responses, Cunliffe said. Privacy, programmability and the decline of cash were the top concerns among commenters. Further:

 

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