CBDC Insider: Saturday February 04, 2023
The Bank of England and the Treasury are set to introduce the idea of a digital pound CBDC in a roadmap to be launched next week. The central bank currency, which has been dubbed Britcoin, could be in use by 2030 and will sit alongside the traditional physical currency. Despite this, there are fears that []
Britcoin CBDC Digital Pound
Finance Magnates: Wednesday January 18, 2023
Bank of Englands Governor, Andrew Bailey, recently questioned the need for a digital pound in front of the parliaments Treasury Select Committee.
Britcoin CBDC Central Bank Digital Currency Digital Fiat Digital Yuan Digital Pound
The Fintech Times: Saturday December 17, 2022
The Bank of England is seeking a third-party supplier to develop a mobile wallet for central bank digital currency (CBDC).
Britcoin CBDC
Finextra: Thursday July 14, 2022
The Bank of England (the Bank) and HM Treasury are currently considering whether the introduction of a UK retail central bank digital currency (CBDC) would be beneficial for the UK economy and the continued integrity of pound sterling in light of increasing use of digital money.
Britcoin CBDC Central Bank Digital Currency
Sky News: Thursday January 13, 2022
The committee warned that if virtual money was to be introduced in the UK, it could post significant risks to the financial system.
Britcoin
Mail Online - Money: Wednesday January 12, 2022
The House of Lords economic affairs committee said plans for a digital currency could present challenges to privacy and financial stability.
Britcoin