Cryptocurrencies

(asked on 7th February 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether the Government will introduce a fiat digital currency.


Answered by
John Glen Portrait
John Glen
This question was answered on 23rd February 2018

The Bank of England does not currently plan to issue a central bank-issued digital currency. However, the Bank is undertaking research to better understand the implications of a central bank issuing a digital currency.

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