03 August 2023

From bitcoin to britcoin

In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. When did the Treasury and Bank of England release a consultation paper on the case for a CBDC?

  2. When was bitcoin first issued?

  3. Which of the following countries is NOT piloting a CBDC?

  4. When did the People’s Bank of China start developing a CBDC?

  5. Why does former Bank of England governor Mervyn King oppose a UK CBDC?

  6. Which bank is developing a platform that will support transactions and payments using multiple CBDCs?

  7. In what way is the People's Bank of China developing its CBDC?

  8. Which of the following statements is correct? Statement 1, the Bahamas Sand dollar has experienced a high level of take-up, or statement 2, Nigeria's eNaira has had a low rate of adoption

  9. How many types of CBDC are there?

  10. What is the value of CBDC currency in circulation in China?

1 Unit