The consultation on a central bank digital currency (CBDC) was conducted by the government’s finance ministry alongside the Bank of England, and concluded in June. It received over 50,000 responses. A chief concern in the consultation was privacy and control of money.

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• Source: https://www.coindesk.com/policy/2024/01/25/digital-pound-legislation-will-provide-protections-to-privacy-and-control-govt-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines