The U.K. government has been inundated with an overwhelming response to its consultation paper on the creation of a digital pound, receiving over 50,000 submissions. This remarkable level of engagement highlights the significant interest and importance surrounding the potential development of a digital currency in the country. The government’s call for public input has clearly struck a chord with individuals and organizations alike, as they eagerly share their thoughts and opinions on the matter. The sheer volume of responses reflects a strong desire for the U.K. to explore the possibilities and implications of a digital pound, signaling a potentially transformative shift in the country’s financial landscape.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinUK's Progress on Digital Pound CBDC Raises Continued Privacy Concerns