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Central Bank Digital Currencies: Bank of England

Question for Treasury

UIN HL847, tabled on 4 December 2023

To ask His Majesty's Government what assessment they have made of the risks and benefits of introducing the digital pound, including on financial stability.

Answered on

15 December 2023

HM Treasury and the Bank of England will conduct a full examination of the costs and benefits of introducing a digital pound, including an assessment of any potential financial stability impacts. This assessment will be made before any decision is taken.

Answered by

Treasury