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United Kingdom · Question · Written question

UIN 44

Central Bank Digital Currencies

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

7 November 2023

Last action

13 November 2023 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

13 November 2023

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of a UK central bank digital currency on the right to privacy.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 November 2023

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of a UK central bank digital currency on the right to privacy.

    Source: Commons

  2. 13 November 2023

    Answer

    Individuals’ privacy, user control and the proper use of data in line with UK data protection laws are of paramount importance to the design of any digital currency. A digital pound would be subject to rigorous standards of privacy and data protection. Ne...

    Source: Written answer

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