Wholesale digital pound is a question of how, not when, says Bank of England

While the UK government and Bank of England are pushing forward their exploration of a retail digital pound, work on a wholesale solution is also a priority — and a far more certain one. “The qu...

UK government and central bank tease CBDC consultation

The UK’s Treasury and the Bank of England are preparing the groundwork for a potential central bank digital currency to launch this decade, with a report on the issue to be published on Tuesday mornin...

Digital pound won’t track retail transactions, UK minister says

A UK minister moved to quell concerns that a digital pound issued by the Bank of England could be used to create a “surveillance state” where the government can track all citizens’ spending.  &#...

Digital Pound Foundation Partners with CryptoUK

The Digital Pound Foundation (DPF), today announced that it has developed a strategic partnership with CryptoUK, a self-regulatory trade association in the United Kingdom representing the crypto secto...