The Bank of England and the British Treasury remain undecided on the digital pound. But a new report by the two institutions makes two things clear: a central bank digital currency (CBDC) would not replace cash, and the country would need legislation to protect CBDC user privacy. We are at an exciting time of innovation […]
The post UK Treasury: Privacy Is Paramount in Digital Pound Decision first appeared on PYMNTS.com.

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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.

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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.

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