has taken a major step forward in its exploration of a central bank digital currency (CBDC) with the announcement of a dedicated digital pound lab. The lab looks to explore the potential ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central ... that digital currency will play a key role in supporting the UK as a global financial ...

Nearly a third of surveyed central banks said they’re delaying the launch of a CBDC over regulatory concerns and changing ...

A Central Bank Digital Currency is a digital form of a country's fiat currency issued by its central bank. Unlike cryptocurrencies, CBDCs are centralized and regulated by the government.

LONDON, Jan 14 (Reuters) - No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank of England ...