CryptoSlate
The Bank of England (BoE) and HM Treasury reported significant progress in the design phase of the digital pound, a proposed central bank digital currency (CBDC) that would complement traditional banknotes and enhance the UK’s payment infrastructure. The update highlighted efforts to align the initiative with the nation’s evolving payments landscape and broader economic goals. …
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Bank of England advances design phase of ‘digital pound’ CBDC
Assad Jafri
04:29
The Bank of England (BoE) and HM Treasury reported significant progress in the design phase of the digital pound, a proposed central bank digital currency (CBDC) that would complement traditional banknotes and enhance the UK’s payment infrastructure. The update highlighted efforts to align the initiative with the nation’s evolving payments landscape and broader economic goals. …
