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Bank of England mulls canning CBDC plan: Report

July 23, 2025 by DIGIT
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Bank of England mulls canning CBDC plan: Report

The UK central bank is considering abandoning its digital pound plans as its Governor Andrew Bailey favors private payment innovations over a state-backed CBDC.

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  • bitcoinBitcoin(BTC)$88,351.000.61%
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  • binancecoinBNB(BNB)$883.771.36%
  • rippleXRP(XRP)$1.901.00%
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  • bitcoinBitcoin(BTC)$88,351.000.61%
  • ethereumEthereum(ETH)$2,930.451.27%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$883.771.36%
  • rippleXRP(XRP)$1.901.00%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$124.371.50%
  • tronTRON(TRX)$0.295026-0.33%
  • staked-etherLido Staked Ether(STETH)$2,930.561.30%
  • dogecoinDogecoin(DOGE)$0.1222240.53%