Digital pound: Bank of England supports Britcoin to boost innovation Economics Speaking at 39th Annual International Banking Seminar in Washington, Andrew Bailey said that there was a "strong need" to modernise payments practices in areas like cross-border transfers.
Digital pound could make Treasury billions from seigniorage revenue UK Economy "The government looks set to receive a significant windfall from the introduction of a digital pound in the coming years, which doesn’t seem to have yet factored into debates over ‘fiscal headroom’," Simon Youel, author of the research said.