Ex-UK PM Liz Truss Supports Bitcoin, Warns Against CBDCs

Quick Summary:

In an interview with Peter McCormack, the longtime Bitcoin advocate and host of a podcast that originally focused solely on Bitcoin before expanding to cover UK politics, former UK Prime Minister Liz Truss expressed her support for Bitcoin and expressed deep reservations about central bank digital currencies (CBDCs).

She insisted that a broader debate on the mandate and accountability of the Bank of England is crucial to ensuring more robust monetary policies.

McCormack pressed Truss on whether a central bank is truly necessary.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: Hungary

Topics: Btc price Bitcoin news CBDC Bitcoin price Bitcoin Btc UK BTC news Liz Truss Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 14:00:31 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 639 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25039511

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 20 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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