Lords Committee pours cold water on UK CBDC

A Committee of peers in the House of Lords has concluded that there is no convincing case for the creation of a central bank digital currency in the UK.

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'Britcoin': There isn't a 'convincing case' for a digital currency in the UK, House of Lords committee says

The committee warned that if virtual money was to be introduced in the UK, it could post significant risks to the financial system.

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Peers slam plans for a 'Britcoin' UK digital currency

The House of Lords economic affairs committee said plans for a digital currency could present challenges to privacy and financial stability.

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How Stellar Will Host Ukraines CBDC Pilot Test With Tascombank

The Stellar Development Foundation (SDF) has been working with the Ukrainian government on their national CBDC for a while.

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UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions

The chief of the GCHQ, one of the three intelligence agencies in the U.K., has raised alarms about China and its digital renminbi.

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The Bank of England Should Beware the Lure of Digital Currency

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