Andrew Bailey denies Farage swayed Bank of England CBDC stance
Andrew Bailey denies Farage swayed Bank of England CBDC stance
Bank of England Governor Andrew Bailey said Nigel Farage did not influence the central bank’s policy on a potential digital pound.Bailey’s letter, reported by The Guardian, said no CBDC policy changes followed his meeting with Farage on cryptocurrencies.Farage continues to face parliamentary scrutiny over crypto-linked gifts as the Bank of England advances digital pound research.