Move over Bitcoin… here comes Britcoin
Does the UK need a CBDC? What benefits would a digital Pound offer?
The global economy, including cross-border trade, is moving increasingly to the digital realm, an effect heightened by the recent Covid-19 pandemic and associated “social distancing” and “work from home” requirements. The successful implementation and adoption of a digital Pound would recognise these trends and would deliver many potential benefits to the UK economy, its businesses, […]
Minutes of the CBDC Technology Forum – September 2021
Experimenting settlement of French government bonds in Central Bank Digital Currency with blockchain technology
G7 Public Policy Principles for Retail Central Bank Digital Currencies (CBDC)
Digital Pound Foundation launches to support development of the UK’s CBDC and digital money ecosystem
A broad coalition of academic and industry experts respond to the questions posed by the Bank of England on the topic of new forms of digital money.
Payments Landscape Review: Response to the Call for Evidence
Central bank digital currencies: foundational principles and core features
Harnessing creativity, ingenuity and uniquely British values to bring about a well conceived digital Pound
The new technologies of the digital revolution have triggered the development a new form of money. It is now technologically possible to deploy what is now known as a digital currency for universal use across the globe. It is also possible to do that in parallel with conventional fiat currency, ultimately replacing less efficient or secure current forms of money. Bitcoin and Libra have paved the way, and many private and publicly owned enterprises are looking to implement their own versions. It appears that it is here to stay.
Central banks and the BIS explore what a retail CBDC might look like
