Central Bank Digital Currencies
(asked on 2nd June 2023) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 25 April to Question 181066 on Cryptocurrencies, if he will provide a timeframe for when the Government will (a) conduct and (b) publish an assessment of the impact of a central bank digital currency on the commercial banking sector.
This question was answered on 7th June 2023
In February 2023, HM Treasury and the Bank of England published a joint consultation on a UK central bank digital currency (CBDC).
A response to this consultation will be issued in due course following the close of the consultation on 30 June 2023.