digital pound

Posted by | January 25, 2024
Bank Of England Reconsiders: Potential Freeze On CBDC Launch Raises Concerns

On January 25, the Bank of England (BoE) and HM Treasury published a response to the Consultation Paper regarding a ‘digital pound’ issued in February of 2023.  The consultation paper...

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britain-wants-to-get-ahead-in-cbdc-race,-here’s-how
Posted by | February 28, 2023
Britain Wants To Get Ahead In CBDC Race, Here’s How

With the rise of central Bank digital currency (CBDC) emerging and proving a notable use case, several central banks across the globe have been pressured into a race to work...

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digital-pound-could-co-exist-with-private-stablecoins-—-uk-central-bank
Posted by | February 7, 2023
Digital pound could co-exist with private stablecoins — UK central bank

The central bank wants an e-GBP to be retail-focused and could form part of a “mixed payments economy” alongside cryptocurrency stablecoins. 2999 Total views 34 Total shares Own this piece...

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uk’s-digital-pound-would-modernize-payments-but-won’t-replace-cash:-minister
Posted by | February 6, 2023
UK’s digital pound would modernize payments but won’t replace cash: Minister

Finance minister Jeremy Hunt says the digital pound, or “Britcoin,” would be issued and backed by the Bank of England, but it won’t negate the use of cash. 2103 Total...

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bank-of-england,-uk-treasury-support-‘digital-pound’-project,-say-uk-likely-to-need-cbdc
Posted by | February 5, 2023
Bank Of England, UK Treasury Support ‘Digital Pound’ Project, Say UK Likely To Need CBDC

The Bank of England (BoE) and UK Treasury are set to back the development of the British central bank digital currency (CBDC), popularly known as “Britcoin” or “digital pound.”   The...

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