CryptoSlate: Saturday December 02, 2023
The U.K. Parliamentary Treasury Committee issued a stern warning about the development of a retail central bank digital currency (CBDC), or digital pound, and its potential hazards to financial stability. Lawmakers urged the Bank of England and H.M. Treasury to thoroughly consider data privacy and financial stability issues before advancing with the implementation of this []
The U.K. Parliamentary Treasury Committee issued a stern warning about the development of a retail central bank digital currency (CBDC), or ‘digital pound,’ and its potential hazards to financial stability. Lawmakers urged the Bank of England and H.M. Treasury to thoroughly consider data privacy and financial stability issues before advancing with the implementation of this […]
The post UK lawmakers wary of launching retail CBDC due to privacy, financial stability concerns appeared first on CryptoSlate.
Finextra: Tuesday April 15, 2025
Offline payment functionality is technically feasible for a future digital pound but there are trade-offs that make it challenging, according to new Bank of England research.
Digital Pound
The Fintech Times: Thursday March 06, 2025
The Digital Pound Foundation has become part of the umbrella of Innovate Finance, the industry body for UK fintech.
Digital Pound
Bitcoin News: Tuesday March 04, 2025
Record hopes the BOE will abandon the project, which has already cost $30.5 million, and focus on its core responsibilities.
Digital Pound
Finextra: Tuesday March 04, 2025
Innovate Finance, the industry body for UK FinTech, and the Digital Pound Foundation (DPF) have officially joined forces today.
Digital Pound
CryptoSlate: Tuesday February 11, 2025
Bank of England governor warns that digital currencies must not jeopardize commercial banks or liquidity principles.
CBDC Central Bank Digital Currencies Digital Pound
CoinGeek: Monday January 20, 2025
In its CBDC progress update, the Bank of England announced the creation of a Digital Pound Lab, which works similar to a sandbox, allowing partners to test API functionality and use cases.
CBDC Digital Pound