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Cryptocurrency Cointelegraph

Bank of England opens applications for 'proof of concept' CBDC wallet

The central bank is budgeting nearly $255,000 to develop a central bank digital currency sample wallet that could execute basic features such as transactions and payment requests.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bank of England opens applications for 'proof of concept' CBDC wallet

The central bank is budgeting nearly $255,000 to develop a central bank digital currency sample wallet that could execute basic features such as transactions and payment requests.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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