Mar 21, 2024 · The Bank and HM Treasury expect to form working groups (lasting 6 months to 1 year) to explore these topics in more detail. The Bank and HM ...
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We are looking at the case for issuing a digital pound. This type of money is known as a central bank digital currency (CBDC). It would not replace cash.
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This paper analyses the public policy case for the digital pound in the UK and sets out our proposed design for it. We also published a Technology Working Paper ...
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This paper accompanied the Consultation Paper on the digital pound and outlines the Bank of England's thinking on CBDC technology. Related links. Related links.
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Feb 7, 2023 · This Consultation Paper sets out our assessment of the case for a retail central bank digital currency (CBDC) – a so-called 'digital pound'. It ...
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Feb 7, 2023 · We think a digital pound might offer a new way to pay, help businesses, build trust in money, and better protect our financial system. This ...
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Jan 25, 2024 · The Consultation Paper explained that the Bank and HM Treasury judged it likely that a digital pound would be needed in the future, and so ...
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An independent organisation working with a variety of stakeholders and participants towards the implementation of a well-designed Digital Pound.
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Join 40+ million customers globally using Revolut to send money to 160+ countries, hold up-to 36 currencies in app, spend in 150+ currencies, ...
Feb 7, 2023 · It is understood that Britons will initially be limited to transferring a few thousand “digital pounds” into their accounts under plans being ...