PYMNTS-MonitorEdge-May-2024

digital pound

Report: Digital Currency Projects Underway in 134 Countries
Report: Digital Currency Projects Underway in 134 Countries
September 17, 2024  |  CBDC

New research shows that 134 countries are exploring central bank digital currencies (CBDCs). Those countries account for 98% of the world’s economy, according to findings released Tuesday...

READ MORE >
UK Lawmakers Still Not Sold on Digital Pound
UK Lawmakers Still Not Sold on Digital Pound
December 03, 2023  |  CBDC

British lawmakers say they’re still not sure their country needs a digital currency. “It must be clearly evidenced that a retail digital pound will provide...

READ MORE >
BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
July 18, 2023  |  CBDC

As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into...

READ MORE >
Bank of England Building Its CBDC Team
Bank of England Building Its CBDC Team
April 09, 2023  |  CBDC

England’s central bank has reportedly begun hiring workers to develop its digital currency. The Bank of England (BOE) wants to create a team of up...

READ MORE >
Could Britcoin Change the UK’s Payments Balance of Power?
Could Britcoin Change the UK’s Payments Balance of Power?
April 06, 2023  |  CBDC

Programmability has been pegged as one of the major draws of digital currencies and one of innovative services that central bank digital currency (CBDCs) could...

READ MORE >
Digital Pound’s Future Uncertain As Lawmakers Debate Financial Sector Oversight
Digital Pound’s Future Uncertain As Lawmakers Debate Financial Sector Oversight
January 16, 2023  |  emea

A digital pound consultation is expected to be published in “weeks not months.” The comments were made by city minister Andrew Griffith during a Treasury...

READ MORE >
UK Government Accelerates CBDC Exploration
UK Government Accelerates CBDC Exploration
December 09, 2022  |  News

The U.K. government will bring forward a CBDC consultation “in the coming weeks.” The revelation was made by the Chancellor of the Exchequer Jeremy Hunt...

READ MORE >