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Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

Simon Treacy Financial Regulation Counsel, Linklaters “The Bank of England is cautiously exploring a digital pound, confirming offline functionality is technically feasible, though not without trade-offs like secure hardware and balance caps. Key policy questions remain unresolved, including liability, privacy, and consumer demand.

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The Big Tech Canary In The Faster Payments Coal Mine

PYMNTS

In that world, the “legacy players” whose infrastructure has built the massive customer bases and driven the massive growth and market caps of the FinTechs over the last two decades could become the dumb pipes of payments. When Faster Is Only Part of the Story.