BoE publishes design blueprint of digital pound

“No decision has been made” on whether to proceed with retail CBDC, central bank emphasises

Bank of England
Bank of England
Photo: Juno Snowdon Photography

The Bank of England (BoE) has published a blueprint of the digital pound, which is currently in the design stage.

The BoE on January 14 published a progress update on its retail central bank digital currency (CBDC) project. It also published a blueprint framework, which sets out the aims, scope and focus areas of the CBDC’s design.

The blueprint is the first of the bank’s “design notes” series, which aims to communicate what has been discussed during the project’s design phase. The BoE will

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