Unsuprisingly even the mighty Apple's latest financial results showed an 8% YOY decline in revenue, as consumers continue to keep hold of their technology for longer, and look for lower cost options.Īpple this week announced they now have an amazing 2 billion active iPhones in circulation, so will no doubt look to maximise their service revenues, and new device margins. A stablecoin is like a cryptocurrency but its value is pegged to a real asset, for example, to the price of a commodity like gold or to existing fiat currencies like the dollar. Instead, the Bank says it is seeking to make something similar to stablecoins. Crypto coins like Bitcoin are viewed by the bank as highly speculative and not a substitute for what are known as fiat currencies – currencies issued by central banks. ![]() No – the Bank is clear that it is not seeking to make its own cryptocurrency. Is the Bank of England creating its own cryptocurrency? ![]() The consultation, which has been launched in conjunction with the Treasury, sets out proposals on how the digital currency would operate and invites businesses and members of the public to review its design and implementation. ![]() ![]() The Bank of England has begun a consultation on the introduction of its own digital pound as it seeks to gain a foothold in the unwieldy world of cryptocurrencies and stablecoins.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |