Tagged: digital pound

January 14, 2025 @ 8:57 am By JD Alois  |  

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a possible digital currency. The update by the Bank is said… Read More

January 29, 2024 @ 10:11 pm By Omar Faridi  |  

The Bank of England and HM Treasury have published their response to the consultation on a digital pound that was launched in February 2023. No final decision has been made “to pursue a digital pound – also called a central bank digital currency (CBDC).” Work… Read More

June 7, 2023 @ 9:35 am By Barry James  |  

Reservations, Threats & Benefits In a recent conversation with Danny Kruger, a member of the Treasury Select Committee, we delved into the Bank of England’s Digital Pound Project and the broader implications of Central Bank Digital Currencies (CBDCs). This discussion is particularly timely, given that… Read More

June 6, 2023 @ 1:45 am By Barry James  |  

An Urgent Call for Good Governance In light of the latest phase of the ongoing – ‘Great Debate” on the Remaking of Money – ‘The Great Digital £ Debate’ during May and into June – it is clear that the advent of Central Bank Digital… Read More

April 18, 2023 @ 12:00 pm By Barry James  |  

As the USA House Subcommittee on Digital Assets, Fintech, and Inclusion, hold a hearing on stablecoins Wednesday, April 19, 2023, in the USA, in the UK, and around the world, attempts to shoe-horn digital money from central and private banks (CBDCs and Stablecoins) into existing… Read More

March 7, 2023 @ 9:58 am By JD Alois  |  

The Digital Pound Foundation and Global Policy Institute invite you to join us in London’s Canary Wharf on Monday 24 April for our FREE event – The CBDC Revolution: Global Implications of Central Bank Digital Currencies. This full day event is anticipated to spark some… Read More

February 7, 2023 @ 12:34 pm By JD Alois  |  

HM Treasury and the Bank of England have announced a new consultation on the possibility of a digital pound. According to a joint statement, The consultation is being launched as the UK government wants to ensure the public has access to “safe money” while supporting… Read More

December 12, 2022 @ 10:25 am By JD Alois  |  

The Bank of England has posted a request for applicants for a contracted service to create a proof of concept digital wallet for a Central Bank Digital Currency (CBDC). The Bank has been investigating the potential for a digital pound, similar to many other central… Read More

March 25, 2022 @ 11:34 am By JD Alois  |  

The Bank of England has enlisted the Massachusetts Institute of Technology (MIT) to engage in a project to review the potential of a digital pound or central bank digital currency (CBDC). The collaboration between the Bank and the MIT Media Lab’s Digital Currency Initiative (DCI)… Read More

November 9, 2021 @ 10:58 am By JD Alois  |  

A digital pound is taking another step forward, according to a statement by the UK government. HM Treasury and the Bank of England have announced a forthcoming consultation to set out their assessment of the case for a UK central bank digital currency or CBDC…. Read More

September 29, 2021 @ 11:09 am By JD Alois  |  

The Bank of England and HM Treasury have joined the central bank digital currency (CBDC) Engagement and Technology Forums. The Forums were created earlier this year alongside a task force exploring a digital pound sterling. CBDCs have emerged as a hot policy issue in the… Read More