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Search Bank of England and HM Treasury Announce the Creation of Taskforce to Explore a Central Bank Digital Currency The Bank of England and HM Treasury have jointly announced the creation of a task force to explore a central bank digital currency or CBDC. The CBDC will be a digital currency issued by the Bank of England for use by consumers as well as businesses. The digital pound would exist alongside deposits, said the bank – rather than replace them. The UK Government has not yet made a decision on whether to introduce a CBDC in the UK. The Bank of England has also announced it will establish a CBDC Unit, a new division of the Bank. It will lead its internal exploration around CBDC. The Deputy Governor for Financial Stability,

United kingdomKatharine braddickJon cunliffeTechnology forumFinancial servicesEngagement forumUnited kingdom governmentDeputy governorFinancial stabilityDirector generalஒன்றுபட்டது கிஂக்டம்ஜான் கன்லிஃப்தொழில்நுட்பம் மன்றம்நிதி சேவைகள்நிச்சயதார்த்தம் மன்றம்ஒன்றுபட்டது கிஂக்டம் அரசு