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Bank of England weighing options for the digital pound, considering private sector payment innovations and public skepticism.

Digital Pound’s Pivotal Crossroads: Why the Bank of England is Rethinking UK’s CBDC

July 23, 2025 coinpulse_staff

The financial world is buzzing with anticipation as the Bank of England finds itself at a crucial juncture regarding the future of the digital pound. What was once seen as an inevitable step towards modernizing the UK’s financial infrastructure is now under intense scrutiny, facing headwinds from both flourishing private sector innovations and widespread public […]

Digital Pound’s Future: Crucial Doubts Raised by Bank of England Governor Andrew Bailey

June 20, 2025 coinpulse_staff

The future of the digital pound, the UK’s potential central bank digital currency (CBDC), just hit a notable point of skepticism. Bank of England Governor Andrew Bailey has publicly questioned the fundamental need for a retail version of this digital currency for consumers. This development is significant for anyone following CBDC news and the evolving […]