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On 25 January 2024, the Bank of England and the UK Government (through HM Treasury) published a response to the consultation (the “Consultation Response”) that was launched last year on...
On February 7, 2023, the Bank of England (BoE) released two documents concerning a central bank digital currency (CBDC), a prospective government-backed digital form of U.K. currency...
The BritCoin has moved into its design phase, but questions remain over the role of the private sector, what infrastructure will be used, as well as privacy...
<p><span>The Bank of England presented a summary of the Consultation Paper and the accompanying Technology Working Paper, published on 7 February 2023. The presentation covered the proposed distribution model, technology design considerations and conceptual architecture for a UK CBDC, called the digital pound.</span></p>
On 7 February 2023, the Bank of England (“BofE”) and His Majesty’s Treasury (“HMT”) jointly published a consultation paper (the “Consultation Paper”) on the development of a UK central...