The Bank of England (BoE) is thinking carefully about a digital pound, like having digital money from the government. They're not sure if it's needed yet and want to make sure it won't mess up the banking system. The BoE wants banks to stay important for our money.
- The BoE is studying a digital pound but isn't rushing.
- They think it needs to be really safe and well-controlled.
- They are concerned about how new digital money might affect regular banks.
- They view Bitcoin as only for speculation, not like real money.
| Topic | Fact |
|---|---|
| Digital Pound | BoE is studying it carefully, no quick decision. |
| Bitcoin | Seen as mainly for investment, not everyday use. |
| Stablecoins | Need strict rules to be safe for payments. |
