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Bank of England governor denies Farage lobbying swayed CBDC policy: Report
The Bank of England governor, Andrew Bailey, has reportedly denied that lobbying efforts by Nigel Farage influenced the central bank's policy on Central Bank Digital Currencies (CBDCs). Bailey affirmed the independence of the Bank of England's policy decisions.
Read the source · CoinTelegraph ↗What it could mean
This news reinforces the Bank of England's stated independence regarding CBDC development, suggesting that policy decisions will continue to be driven by internal assessments rather than external political pressure.
What could flip it
- Future political pressure on CBDC policy
- Public perception of CBDCs
- Global CBDC developments
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