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England’s central bank moves ahead with CBDC with 7 job post...
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England’s central bank moves ahead with CBDC with 7 job postings

The United Kingdom’s central bank, the Bank of England, or BoE, still maintains that it is unsure on a path forward regarding a central bank digital currency, although the entity is looking to hire at least seven CBDC-related job positions. 

The job listings recently surfaced on the BoE’s job posting website. One such position searches for a “Stakeholder Analyst – Central Bank Digital Currency (CBDC).”

As per the site, the bank is also searching for a project analyst, a solution architect, a technology analyst, a senior manager, and a senior enterprise architect — all CBDC-related, as well as a senior CBDC policy analyst. The site posted the listings on Tuesday and Wednesday.

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“Like many other central banks, the Bank of England is actively exploring whether it should develop and issue a Central Bank Digital Currency (CBDC),” said the page for the stakeholder analyst job listing. “No decision has yet been taken on whether or not a CBDC is needed in the UK, but it is an important topic for the Bank to understand.”

The posting mentioned a number of specifics on the job, as well as the BoE’s focus in terms of looking into a CBDC.

Reporting earlier this month showed Her Majesty’s Treasury, or HMT, and the BoE jointly working on CBDC-related research, unveiling a CBDC task force. CBDCs have been a hot topic over the past year or so, with central banks acting at varied speeds.

Source: Cointelegraph.com

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