Lords Warn Of Security, Stability Risks Of Digital Pound

By Najiyya Budaly (January 13, 2022, 12:20 PM GMT) -- There is "no compelling reason" for Britain to develop a central bank digital currency, the unelected upper chamber of Parliament said on Thursday, warning of risks to cybersecurity and financial stability if the Bank of England pursues the project.

There is "no convincing case" for Britain to have a central bank digital currency, a parliamentary committee has said, as it warned of risks to financial stability. (iStock) The House of Lords Economic Affairs Committee said it had found "no convincing case" for the U.K. to have a central bank digital currency, an online version of existing notes issued and governed by...

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!