News with the tag "UK CBDC"

The Labour Party has registered a landslide victory in the UK general elections while ousting Rishi Sunak’s conservative party from office for the first time in 14 years. UK’s crypto community is eagerly waiting as to what’s in store for them regarding the regulatory policy and other decisions. Will...

The United Kingdom has recently announced that it will actively pursue working on the design of its central bank digital currency aka Digital Pound, also popular as Britcoin. The UK believes that these measures will be essential to align with the evolving technology of digital currency. UK Advocates...

The UK Treasury Committee advised proceeding slowly on a digital pound in a Dec. 2 report due to financial stability risks like sparking bank runs. Image by Alexey Novikov, Adobe Stock. The UK Treasury Committee released a report on December 2, advising the Bank of England to proceed cautiously with...