Digital pound likely this decade, Treasury says - BBC News
WEBFeb 6, 2023 · Chancellor Jeremy Hunt said the central-bank digital currency (CBDC) could be a new "trusted and accessible" way to pay. But it will not be built until at least 2025.
Bank of England statement on Central Bank Digital Currency
WEBSep 12, 2024 · The Bank of England and HM Treasury have today announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the …
Ambitious plans to boost UK fintech and financial …
WEBApr 19, 2021 · Speaking at Fintech Week, the Chancellor Rishi Sunak set out proposals to enhance the UK’s competitive advantage in fintech, from regulatory support and reforms to help firms grow to a new...
‘Britcoin’ not bitcoin? UK considers new digital currency
WEBLONDON, April 19 (Reuters) - British finance minister Rishi Sunak told the Bank of England on Monday to look at the case for a new “Britcoin”, or central bank-backed digital currency, aimed at...
Rishi Sunak plans to replace our cash with official digital currency
WEBJul 24, 2021 · Rishi Sunak plans to introduce official digital currency to rival cash in 'biggest upheaval in the monetary system for centuries' Bank of England would establish a direct …
New UK Prime Minister Rishi Sunak Launching Support For
WEBOct 24, 2022 · Sunak added that he announced a joint task force for the U.K. Treasury and Bank of England to look at CBDCs earlier this year. Related Link: What Is A Central …
Bank of England and Treasury think UK is 'likely' to need digital ...
WEBFeb 4, 2023 · Britain's Prime Minister Rishi Sunak asked the BoE to look into the case for a CBDC in 2021 when he was finance minister, and in October financial services minister …
UK Banks Not Waiting on CBDCs as Tokenized Asset Pilot Goes
WEBApr 16, 2024 · Prime Minister Rishi Sunak and his Conservative government, are declining massively in popularity. Therefore, the odds are that these regulatory efforts are …
UK chancellor names CBDC on list of financial reforms for Treasury
WEBJul 1, 2021 · Rishi Sunak, chancellor of the Exchequer for the United Kingdom, has included cryptocurrencies and stablecoins on the list of financial reforms the government …
Stablecoins must face ‘difficult questions’, warns Bank …
WEBJun 7, 2021 · Chancellor Rishi Sunak said the UK “need [ed] to go further” to keep at the head of financial innovation. The BoE noted that a CBDC could play an important role in expanding retail access to...