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Bank of England advances design phase of ‘digital pound’ CBDC – TON BOT

Bank of England advances design phase of ‘digital pound’ CBDC

The Bank of England and HM Treasury are making progress in designing the digital pound, a proposed central bank digital currency. The digital pound aims to enhance the UK’s payment infrastructure, promote innovation, ensure user privacy, and require parliamentary approval. The Bank is engaging stakeholders and conducting experiments to explore various design options.


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