Cointime

Download App
iOS & Android

Britain To Push Ahead With Readying Ground for a Digital Pound

Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain's Financial Services Minister Andrew Griffith said on Tuesday.

China has pushed ahead with piloting a digital yuan and the European Central Bank is studying a digital euro, piling pressure on Britain to do the same and keep abreast of advances in financial technology.

The finance ministry is due to launch in the coming weeks a public consultation on the attributes of a digital pound.

Comments

All Comments

Recommended for you