Rishi Sunak announces UK Treasury and BofE fintech taskforce to explore CBDC

Responding to Sunak's announcement, the Bank of England has set up a dedicated CBDC unit overseen by deputy governor Jon Cunliffe, to explore the creation of a digital pound, and set up two stakeholder forums on CBDC engagement and technology. Speaking at Innovate Finance Global Summit, Sunak also highlights that the Bank of England has published a new account policy, allowing new and innovative financial market infrastructure propositions. Under the new model.
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