Bank of England deputy governor to discuss future of Government-backed digital currencies at Leeds event

Sir Jon will be joined by cryptocurrencies expert Tom Duff Gordon for the event as they discuss the world of central bank digital currencies (CDBCs) and its parallels with cryptocurrency.

A spokesperson for the event said: “As our society swiftly moves towards a cashless future, Other Side of the Coin offers a unique opportunity to gain insights from Sir Jon Cunliffe and Tom Duff Gordon on the Bank of England's CBDC initiative.

"This new digital pound represents a government-backed form of currency, distinct from cryptocurrencies, while still denominated in sterling. During the event, the speakers will navigate the intricate landscape of CBDCs, shedding light on their potential impact and the challenges they present.

"The discussion will also address the evolving stance of crypto enthusiasts on regulation, particularly in light of recent cryptocurrency failures. The emergence of CBDCs, such as the digital pound, has prompted even anti-regulation crypto enthusiasts to demand a regulatory framework.

"Attendees of Other Side of the Coin will gain valuable insights into the future of cryptocurrencies and stablecoins, as these digital assets navigate an evolving landscape with the presence of CBDCs like the digital pound.

"Other Side of the Coin promises to be an intellectually stimulating event, exploring the intersection of traditional currency systems, CBDCs, and the ever-evolving world of cryptocurrencies.”

Tickets are on sale now and available via the festival website https://leedsinternationalfestival.com/keynote/sir-jon-cunliffe/