Poundcast Episode 7: The making of a digital Pound: Exploring the creation of a UK CBDC with Varun Paul of Fireblocks

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In episode 7, our host Jannah Patchay, Policy Lead at the Digital Pound Foundation is in conversation with Varun Paul, Central Bank Digital Currency and Market Infrastructure Director of Fireblocks. They discuss private sector objections to retail Central Bank Digital Currency – how does the recent Bank of England and HM Treasury consultation address these as regards the UK? They also look at non-interest bearing – and its limits – how will this address concerns of outflows from commercial bank deposits. They also ask how will a digital Pound support private sector innovation and how might such a currency be designed?

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