Tom Hutton, the Bank of England's director of fintech, discussed the UK's plans for a central bank digital currency (CBDC) at the Financial Times Cryptocurrency and Digital Assets Summit in London. Hutton emphasized the importance of privacy in the digital pound, but clarified that anonymity should not be a feature. He also stated that the digital pound would not be interoperable with cryptocurrencies, as they do not fulfill the functions of money. The Bank of England has not yet announced a launch date for the digital pound, but has suggested that it may be needed in the future.