The Bank of England is looking to hire a staff of as many as 30 people to develop a central bank digital currency, the Sunday Times reported, without saying where it got the figure. In February, the U.K.’s central bank and finance ministry said they were starting further research and development on a digital version […]
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Central Bank Digital Currency

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Finextra: Wednesday March 27, 2024

ClearBank joins Digital Pound Foundation

ClearBank has announced their membership to the Digital Pound Foundations (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.

Digital Pound

Finextra: Thursday February 01, 2024

Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

Digital Pound