T he governor of the Bank of England has said he is not “convinced” by new forms of money such as a digital pound, as he also warned over the use of cryptocurrencies.

The Bank of England has put forward a proposal to launch a digital currency that would be solely issued by the central bank that could be used by households and businesses for their everyday payments, ...

The update by the Bank is said to summarise progress on a digital pound over the past year. The Bank states: "Providing banknotes as a universally accessible form of retail central bank money ...

The Bank of England has published a joint consultation paper with HM Treasury on the possibility of a digital pound in the U.K. It is envisaged that the digital pound would be a retail central ...

Bank of England says currency with Queen Elizabeth's image has legal tender after her death Queen Elizabeth II first appeared on a 1-pound note in 1960 Facebook ...

The Bank of England and HM Treasury are consulting on the model for a UK retail central bank digital currency (CBDC) or ‘digital pound’ that would sit alongside, not replace, cash.

The Bank of England is looking to hire a staff of as many as 30 people to develop a central bank digital currency, the Sunday Times reported, without saying where it got the figure. In February ...

The British pound and government bond yields fell sharply early Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if ...