Central Bank Digital Currencies
2026-06-22 · Treasury · 12171 · Official question
Question
To ask the Chancellor of the Exchequer, what is the Government’s policy on the creation of a Central Bank Digital Currency for the United Kingdom.
Answer
The Bank of England and HM Treasury are considering the case for a retail central bank digital currency in the UK, known as the digital pound. No decision has yet been made on whether to introduce the digital pound. As set out in the Payments Forward Plan...