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Home Business & Finance Former BoE, BoC Governor Mark Carney joins Stripe board of directors

Former BoE, BoC Governor Mark Carney joins Stripe board of directors

Document Analysis NLP IA

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Summary (IA Generated)

After paving the way for digital currency innovation at the Bank of England, or BoE, Mark Carney has officially joined the board of directors at Stripe — a company that’s committed to building new commerce solutions for the internet.

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digital payments company says it will benefit from Carney’s “extensive experience of global financial systems and governance,” especially as it rolls out new climate efforts.

‘Stripe has been at the forefront of enabling this new digital economy, providing innovative and resilient global payment solutions to businesses large and small.

Although Stripe has given up on Bitcoin payments, for now, co-founder John Collison has expressed a positive attitude towards the future of cryptocurrencies, especially in emerging markets where payments systems are still evolving.

Carney has also expressed a favorable view towards digital assets, especially those backed by central banks.

At the 2019 Jackson Hole Symposium, Carney envisioned a future where a central bank digital currency, or CBDC, could replace the U.

“It is an open question whether such a new Synthetic Hegemonic Currency would be best provided by the public sector, perhaps through a network of central bank digital currencies,” he stripe-names-digital-currency-advocate-former-boe-governor-carney-to-board-2021-02-21″ rel=”noopener nofollow noreferrer”>said at the time.


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