UK Gov't Explores Potential Of Central Bank Digital Currency

Law360, London (April 19, 2021, 3:05 PM BST) -- The U.K. government and the Bank of England announced plans on Monday to establish a task force to explore the potential for a central bank digital currency, but the government said it has not yet decided on rolling one out.

The task force will be chaired by Jon Cunliffe, a deputy governor of the Bank of England, and Katharine Braddick, HM Treasury's director general of financial services,.

"The task force aims to ensure a strategic approach is adopted between the U.K. authorities as they explore [a central bank digital currency], in line with their statutory objectives, and to promote close coordination...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!