Policy submission

HM Treasury and Bank of England consultation on ‘The digital pound: a new form of money for households and businesses’ - Which? response

Which?'s response to the Bank of England and HM Treasury's consultation on proposals for a digital pound
1 min read

Current payment trends mean it is appropriate for HM Treasury and the Bank of England to explore the potential offered by a digital pound. 

Consumers must be involved in decisions over whether to proceed with a digital pound, and defining its key design features. 

HM Treasury and the Bank of England should grasp the opportunity offered by the digital pound to tackle financial exclusion.