
Digital Pound
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20 January, 2025
UK’s CBDC advances with creation of sandbox-like laboratory
In its CBDC progress update, the Bank of England announced the creation of a Digital Pound Lab, which works similar...
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13 December, 2024
Bank of England examines privacy enhancing technologies for CBDC
With the growing interest in CBDCs, the Bank of England released a paper in collaboration with the MIT Digital Currency...
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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...
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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...
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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...
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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...