Government funded Millicent tests UK synthetic CBDC

DLT startup Millicent ran its first trials for its digital currency which is backed by funds held in a central bank account. A synthetic CBDC

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UKs government-backed Millicent Labs demos a retail full-reserve digital currency

A British government-backed fintech has unveiled a new digital currency that it says incorporates the best elements of central bank digital currency and stablecoins.

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UK Finance sifts through commercial implications of Britcoin

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.

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Bank of Englands vision for the digital pound differs from Chinas model

The BoE proposes involving the use of retail banks and private payment providers as the "interface" for the digital pound.

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Tether to Launch GBP-Pegged Stablecoin

Tether Operations Limited is launching a new fiat-pegged digital currency: this time it will be pegged to the British Pound Sterling.

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BOE Publishes Primer Explaining Plans for Possible CBDC

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