Two Lords in England have raised concerns about the Bank of England's exploration of a central bank digital currency (CBDC), warning against its introduction "by stealth". Lord George Bridges and Lord Michael Forsyth of Drumlean expressed concerns about privacy and criminal activity, stating that a CBDC could not be used anonymously without creating a haven for criminal activity. They are pushing for legislation to guarantee that a "Britcoin" could not be introduced without primary legislation and proper parliamentary scrutiny. The Bank of England has been exploring CBDCs for some time and has published papers on the topic, while the US is also engaged in conversations about CBDC implementation.