Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Anna Wise

Bank of England boss not ‘convinced’ of need for digital pound

The Governor of the Bank of England has said he is not yet “convinced” by new forms of money such as a digital pound (Carlos Jasso/PA) - (PA Wire)

The governor of the Bank of England has said he is not “convinced” by new forms of money such as a digital pound, as he also warned over the use of cryptocurrencies.

Andrew Bailey, speaking at a conference in Kyiv, Ukraine, said central banks have to be alert to the growing “non-money system”.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.