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United Kingdom · Question · Written question

UIN 8239

Central Bank Digital Currencies

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 May 2022

Last action

31 May 2022 · Answer

Status

Answered

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Discovery layer

Source updated

31 May 2022

Summary

To ask the Chancellor of the Exchequer, whether he has made an assessment of whether (a) regulations and (b) primary legislation would be required to create a UK central bank digital currency.

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Timeline

  1. 24 May 2022

    Written question

    To ask the Chancellor of the Exchequer, whether he has made an assessment of whether (a) regulations and (b) primary legislation would be required to create a UK central bank digital currency.

    Source: Commons

  2. 31 May 2022

    Answer

    The UK is actively exploring the potential role of central bank digital currencies (CBDCs) to understand the wide-ranging opportunities and challenges they could bring. On 9 November 2021, the government set out its future timelines for this work, includi...

    Source: Written answer

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