Crypto Club: The DGBP - The Future of Pound and BritCoin Nation
UK Bank of England and HM Treasury are positioning and preparing for a UK retail digital pound – a UK CBDC. The Treasury and the Bank of England have released a consultation paper putting a case ahead for the introduction of a state-backed digital pound, or CBDC.
The Treasury and the Bank of England look to ready a CBDC in response to potential new forms of privately-issued digital money which could impact the UK economy.
How CBDCs perform in other parts of the world will also likely have an impact. The Bank of England may wait to consider the impact of other CBDCs, such as China’s digital yuan on both their own and global economies before making a final decision.
In such an uncertain environment, come and hear directly from those that are building the future of BritCoin.