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UK accelerates Digital Pound design amid privacy concerns and banking criticism

Posted on 01/26/2024

UK accelerates Digital Pound design amid privacy concerns and banking criticism

Treasury and BOE intensify efforts to explore CBDC feasibility and design options. Emphasis is on privacy and security in the CBDC design process. Discrepancies over holding limits highlight debates within the banking sector. The United Kingdom is ramping up efforts to develop its own Central Bank Digital Currency (CBDC), known as the Digital Pound or […]

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