UK Bitcoin community reacts to incoming CBDC and digital pound rollout

UK Bitcoin community reacts to incoming CBDC and digital pound rollout


The UK Government’s economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as “Important, complex, and cross-cutting” and will “require extensive engagement across and beyond the HM Treasury.”

According to the Linkedin post, the Treasury and the Bank of England are working together through the CBDC Taskforce to explore the case for a digital pound. The role of the Head of CBDC may bring the UK government closer to its aim of rolling out a CBDC.

HM Treasury’s job posting for a CBDC Head. Source: LinkedIn

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Danny Scott, CEO of a UK-based Bitcoin (BTC) company, CoinCorner, told Cointelegraph that a CBDC could be missing the “Actual real-world

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