Bank of England taps self-sovereign ID platform Nuggets to develop privacy layer for digital pound

BoE Digital Pound Lab Picks NOBO, D&B and Polygon Labs

The three-firm consortium enters Phase 2 to test stablecoin and digital pound settlement for SME cross-border trade finance.

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Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

Dollar stablecoins could deepen demand for Treasurys and extend the greenbacks reach as the UK builds its own framework for digital currencies.

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Polygon joins BofE's Digital Pound Lab to test cross-border settlement

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Bank of England tests stablecoin, digital pound interoperability in cross-border payments

The Bank of Englands Digital Pound Lab is testing how stablecoins and a potential digital pound could work together in cross-border trade payments.

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Bank of England governor denies Farage lobbying swayed CBDC policy: Report

Bank of England Governor Andrew Bailey reportedly said Nigel Farages lobbying did not influence the central banks digital pound policy.

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The fight over the UKs digital pound has become a battle over cryptos political influence

Farage complaint puts the UK digital pound debate under scrutiny as questions over donor influence and CBDC policy intensify.

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