No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency ...
The Bank of England has launched a digital pound lab to experiment with CBDCs. The design phase for the CBDC will continue ...
A digital pound remains in its exploratory phase, with final decisions contingent on parliamentary approval and extensive ...
The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital ...
The Bank of England launches the Digital Pound Lab, exploring a CBDC to complement cash and foster innovation in the UK ...
Central bank says decision would involve careful consideration of developments in payments landscape, broader policy ...
A state-backed digital pound is likely to be launched later this decade, according to the Treasury and the Bank of England. Both institutions want to ensure the public has access to safe money ...
Bank of England to launch 'Digital Pound Lab' for CBDC testing, collaborating with HM Treasury to design the digital pound.
The problem is that reading the justification for the new digital pound from the Bank of England, it’s very difficult to see much it offers which isn’t already offered by existing cashless ...
Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It ...
Bank of England announces the launch of the Digital Pound Lab to explore practical applications and technical designs for its ...
The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.