Useful External Resources – Crypto / Digital Currencies

Bank of England CBDC and FinTech Research

The Bank of England and HM Treasury have created a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC.

The Bank has also established two external engagement groups.

The CBDC Engagement Forum, chaired jointly with HM Treasury, will engage senior stakeholders and gather strategic input on all non-technology aspects of CBDC.

The CBDC Technology Forum will engage stakeholders and gather input on all technology aspects of CBDC from a diverse cross-section of expertise and perspectives.

Further, the Bank of England has also established a Fintech Hub to enable it to monitor wider development in distributed ledger technology as well as other technologies such as machine learning and artificial intelligence.