
UK is 'likely' to need digital currency, says BoE and Treasury: Report
The Bank of England believes the United Kingdom is likely to need to create a CBDC by 2030.
Digital PoundThe Bank of England believes the United Kingdom is likely to need to create a CBDC by 2030.
Digital PoundThe 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 PoundLord King of Lothbury stresses the need to be selective and not driven by a misplaced enthusiasm for all things crypto.
Digital PoundLord King of Lothbury stresses the need to be selective and not driven by a misplaced enthusiasm for all things crypto.
Digital PoundU.K. Treasury is looking for a Head of Central Bank Digital Currency who will lead its work on a potential digital pound but hasnt committed to issuing the CBDC.
CBDC Central Bank Digital Currency Digital PoundThe BIS Innovation Hub is inviting participants to use a CBDC API jointly developed by the BIS and Bank of England for a digital pound
CBDC Central Bank Digital Currency