Carney has argued for a digital replacement to fiat, amid the U.S. dollar’s waning hegemony.
The outgoing governor of the Bank of England highlighted the potential risks to monetary governance if a central bank digital currency were to be launched in the U.K.
The working group will pool research into CBDCs.
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.
Mark Carney's recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.
Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.
A group of central bank regulators and government ministers said Sunday that cryptocurrencies don't pose a risk to global financial stability.
The head of the Bank of England has said that the institution will step up its efforts to combat cryptocurrency money laundering.
Bank of England governor Mark Carney has said that bitcoin's meteoric price gains do not pose a threat to global financial stability.
Distributed ledger tech could "reshape" banking, Bank of England chief Mark Carney said today.