The UK Parliament’s Treasury Committee urged the Bank of England and HM Treasury to ‘proceed with caution’ in its work on a retail central bank digital currency (CBDC). and published apaperon the topic. It requests the potential holding limits for adigital poundto be lower than the 10,000-20,000 currently proposed. It made other recommendations on privacy, […]
The post UK Treasury Committee urges lower holding limits for digital pound appeared first on Ledger Insights - blockchain for enterprise.

CBDC Central Bank Digital Currency Digital Pound

SHARE THIS STORY:

More Stories

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