Evening Standard

What is a digital pound and how would I use it?

Source: PA Wire

The Bank of England and the Government have said they will continue to work on designs for a digital pound but are still undecided about whether to launch the potential digital currency.

The Bank and the Treasury launched a consultation in February last year over the so-called central bank digital currency (CBDC), and said on Thursday it will not decide whether to go ahead with it until at least next year.

If they choose to launch the digital pound, it could start to replace banknotes and coins amid a continued decline in the

You’re reading a preview, subscribe to read more.

More from Evening Standard

Evening Standard2 min readMusic
Mr Brightside Becomes The UK’s Top Track To Never Hit Number One
Iconic 2003 track Mr Brightside by the Killers has usurped Wonderwall by British band Oasis as the longest-running song in the UK top 100 chart without ever actually claiming the number one spot. According to the Official Charts Company, Mr Brightsid
Evening Standard1 min read
Ex-partners Of Elizabeth Hurley Support Her Son’s Directorial Debut At Screening
British actor Hugh Grant and Indian textiles heir Arun Nayar joined their ex-partner Elizabeth Hurley at a London screening of her son Damian Hurley’s directorial debut. The film, titled Strictly Confidential, made headlines last year after it was re
Evening Standard3 min readWorld
Israel To Perform At Eurovision Amid Protests
Israeli Eurovision Song Contest entrant Eden Golan will perform at the second semi-final as protests take place in Malmo, Sweden. The 20-year-old singer, whose emotional Hurricane was reworked from a previous track called October Rain, which was thou

Related Books & Audiobooks