Bank of England: Has not yet decided whether to launch a central bank digital currency in the UK

The Bank of England stated that the Ministry of Finance and the Central Bank today announced the next step in exploring the Bank of England’s digital currency. In 2022, the Ministry of Finance and the Central Bank will start consultations and evaluate the situation of the Bank of England’s digital currency. It has not yet been decided whether to launch a central bank digital currency in the UK. The earliest date for launching the Bank of England digital currency will be the second half of this century. (Golden Ten)

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