Britain says if not when as consults on digital pound

Published by
Reuters UK

By Huw Jones LONDON (Reuters) -Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain’s Financial Services Minister Andrew Griffith said on Tuesday. China has pushed ahead with piloting a digital yuan, and the European Central Bank is studying a digital euro, piling pressure on Britain to do the same and keep abreast of advances in financial technology. The finance ministry is due to launch in the coming weeks a public consultation on the attributes of a digital pound. “The consultation is going to say this is an if and not a when. We are not fully into t…

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