Cunliffe said there had been general support for the CBDC’s overall model, but that the central bank will refine estimates of take-up and holding limits. It previously proposed that individuals wouldn’t be able to hold more than 10,000 ($12,000) to 20,000 pounds of the CBDC, at least during an introductory period.

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• Source: https://www.coindesk.com/policy/2023/10/27/digital-pound-consultation-received-over-50000-responses-with-privacy-a-major-concern/?utm_medium=referral&utm_source=rss&utm_campaign=headlines