English regulator positively evaluated CBDC, while BNY Mellon criticizes BTC

English regulator gave a positive assessment to CBDC

“The traditional model of banking familiar for over 800 years could be disrupted There could be a differentiation between secure payment-based activities and risky ones associated with lending,” Haldane explained.

Earlier, the head of the Bank of England, Andrew Bailey, said that digital currencies have no intrinsic value. Therefore, it is better for crypto investors to be prepared for the fact that they may lose their savings.

Soros Fund Management clients will be able to make transactions with digital currencies

According to sources, the initiative belongs to the investment director of Soros Fund Management Donna Fitzpatrick. Earlier, she expressed the opinion that the growth of the money supply in the United States “is a turning point for bitcoin.”

“The infrastructure around cryptocurrencies is currently very interesting and Soros Fund Management is investing in it,” she said earlier.

BNY Mellon criticizes BTC

According to Francesca Fornasari, head of the currency solutions department, slow and expensive transactions can be an obstacle to the global adoption of the first cryptocurrency. She doubts that Bitcoin can be a payment instrument.

Earlier, BNY Mellon announced the creation of a custodian for digital currencies, CBDC and NFT.

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