Progress

Current status
adopted
25 Jan 2024 adopted
07 Jun 2023 processing consultation
07 Feb 2023 in consultation

Scope

Implementers
United Kingdom
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

25 Jan 2024
adopted

Published response to public consultation on a digital pound

On 25 January 2024, the Bank of England and HM Treasury published their response to the consultation on a digital pound. The authorities confirmed that neither the Bank nor the government would have access to users' personal data. Stakeholder feedba…

Source
Event type inquiry
Action type adoption
Government branch executive
Government body central bank
07 Jun 2023
processing consultation

Closed consultation on a Central Bank Digital Currency (CBDC) in the United Kingdom

On 7 June 2023, the public consultation closed on the paper on a Central Bank Digital Currency (CBDC) in the United Kingdom, the digital pound, issued by the Bank of England (BoE) and HM Treasury. In its paper, the BoE and Treasury outline the possi…

Source
Event type inquiry
Action type consultation closed
Government branch executive
Government body central bank
07 Feb 2023
in consultation

Opened consultation on a Central Bank Digital Currency (CBDC) in the United Kingdom

On 7 February 2023, the Bank of England (BoE) and HM Treasury published a paper on a Central Bank Digital Currency (CBDC) in the United Kingdom, the "digital pound", and opened a public consultation until 7 June 2023. In its paper, the BoE and Treas…

Source
Event type inquiry
Action type consultation opened
Government branch executive
Government body central bank