
UK government treads carefully on digital pound, prioritizing privacy and cash access
The UK government is cautiously advancing its CBDC design with a primary focus on privacy and cash protection.
CBDC Central Bank Digital Currency Digital PoundThe UK government is cautiously advancing its CBDC design with a primary focus on privacy and cash protection.
CBDC Central Bank Digital Currency Digital PoundA report by the Bank of England and the British Treasury says a CBDC would not replace cash, and the country would need legislation to protect CBDC user privacy.
CBDC Central Bank Digital Currency Digital PoundBritish policy makers are still undecided on a digital pounddubbed "Britcoin"following a central bank digital currency (CBDC) consultation.
Britcoin CBDC Central Bank Digital Currency Digital PoundThe Bank and the Treasury launched a consultation in February last year over the so-called central bank digital currency (CBDC).
CBDC Central Bank Digital Currency Digital PoundThe results of the digital pound consultation reinforce concerns around CBDC privacy. The design phase will run until at leat 2025
CBDC Central Bank Digital Currency Digital PoundUK lawmakers have strongly advised the authorities to weight the benefits and risks of a digital pound before implementation.
CBDC Central Bank Digital Currency Digital Pound