Cointime

Download App
iOS & Android

Bank of England Extends CBDC Consultation Deadline Due to Technical Glitch

The Bank of England has extended its CBDC consultation deadline from June 7 to June 30 due to a technical glitch that omitted a question about non-residents and the digital pound.

The question, which asks for comments on non-UK residents having access to the digital pound on the same basis as UK residents, was supposed to be included in the original consultation paper published in February.

The decision on whether to allow non-residents access to the digital pound could have significant implications for cross-border payments and monetary sovereignty.

Comments

All Comments

Recommended for you