Financial Services Financial Services

Most will accept digital currencies’ privacy costs for convenience, BOE official says

The emergence of digital currencies can be managed securely as most people will accept some level of data sharing as a tradeoff for the benefits of using them, the Bank of England's head of future technology suggested today.
For example, the public has been happy enough to use electronic payments so

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Phoebe Seers

Correspondent


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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