Designing interoperability for a potential UK CBDC

Original Source: UK Finance The Bank of England (the Bank) and HM Treasury are currently considering whether the introduction of a UK retail central bank digital currency (CBDC) would be beneficial for the UK economy and the continued integrity of pound sterling in light of increasing use of digital money. This decision could have a […]

UK Finance Chief Executive responds to the Chancellor’s Mansion House speech

Responding to Chancellor Nadhim Zahawi’s speech at Mansion House, David Postings, Chief Executive of UK Finance, said: “The Chancellor’s vision in his Mansion House speech is for the UK to have a strong and internationally competitive banking and finance sector, which we strongly welcome. A successful financial services sector is critical for achieving economic growth […]

Commercial models of a potential UK retail CBDC

Original Source: UK Finance The Bank of England (the Bank) and HM Treasury are currently considering whether the introduction of a UK retail central bank digital currency (CBDC) would be beneficial for the UK economy and the continued integrity of pound sterling in light of increasing use of digital money. This decision could have significant […]

Formation of the UK Industry Digital Currencies Coordination Group

Formation of the UK Industry Digital Currencies Coordination Group

The Digital Pound Foundation, The Payments Association and UK Finance have established a new group, with the aim of creating a forum for discussion and collaboration around the industry’s response to digital currency developments in the UK. This will include the potential for a Central Bank Digital Currency (CBDC) and the regulatory approach to stablecoins […]

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