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digital pound

Bank of England Governor supports wholesale and retail CBDCs
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6 November, 2024

Bank of England Governor supports wholesale and retail CBDCs

At the Group of Thirty's 39th Annual International Banking Seminar, BoE Governor Andrew Bailey emphasized the need to modernize payment...
UK’s digital pound faces trust concerns and political opposition
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19 February, 2024

UK’s digital pound faces trust concerns and political opposition

As the U.K. edges closer to a general election, the digital pound is becoming a contentious political issue amid mounting...
BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’
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30 January, 2024

BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’

The Bank of England and the U.K. Treasury remain undecided about the necessity of a CBDC in the U.K. but...
UK House of Commons Committee urges more research on CBDC, voices concerns about costs
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6 December, 2023

UK House of Commons Committee urges more research on CBDC, voices concerns about costs

British officials believe CBDC would be a great boost in the United Kingdom, but its Treasury Committee calls for a...
UK legislators to central bank: Proceed with caution on CBDC
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5 December, 2023

UK legislators to central bank: Proceed with caution on CBDC

While they pledged support for a digital pound for promoting choice and sustaining access to central bank money, the MPs...
Bank of England seeks academic input for CBDC as it enters design phase
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18 August, 2023

Bank of England seeks academic input for CBDC as it enters design phase

BoE and HM Treasury have launched an academic advisory group to bring together experts to provide input on economics, policies,...
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