Yesterday the chairman of NatWest bank Howard Davies said that he expects Britain to be piloting a central bank digital currency (CBDC) within a few years, according to a Reuters report,
“I suspect that within three to five years we will see that operating in the UK on a sort of pilot basis to start with,” Davies revealed at a Bloomberg event.
The Bank of England (BoE) has yet to decide on whether to go ahead with a digital version of the pound.
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