Bailey calls for 'public debate' on digital pound introduction

Speaking at the Financial and Professional Services dinner yesterday (10 July), he said the case for a retail CBDC was being explored and that a CBDC Taskforce was being jointly lead with the Treasury.  "This is important work, and we are keen to hear views and engage widely throughout the project," he said. "We have recently concluded a public consultation which has, for us, attracted a record number of responses - over 50,000." IW Summit: Digital assets represent 'future of finance' despite shortcomings Bailey explained that from the Bank of England's perspective, the main mo...