Bank of England and Treasury support state-backed digital pound

Bank of England and Sunak administration to formally hold consultation for digital currency

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UK's digital pound would modernize payments but won't replace cash: Minister

UKs finance minister noted that the aim of the Digital Pound is to build a digital asset that is trust, accessible and easy to use.

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Digital pound likely this decade, Treasury says

The Treasury and Bank of England will formally start a consultation for the digital currency, on Tuesday.

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UK to design digital pound that could fend off future private tech rival

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Bank of England takes first steps towards digital pound with consultation

The digital currency would be issued by the Bank of England and could be used by households and businesses for everyday payments in-store and online

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The Bank of Englands proposed digital pound: what does it mean?

The Bank of England has begun a consultation on the introduction of its own digital pound as it seeks to gain a foothold in the unwieldy world of cryptocurrencies and stablecoins.

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