Reuters: The UK will advance preparations for the digital pound

ChainCatcher news, according to Reuters, UK Financial Services Minister Andrew Griffith recently stated that properly designing the digital pound is more important than a quick launch. China has advanced its digital yuan pilot, and the European Central Bank is studying the digital euro, which puts pressure on the UK to keep up with advancements in financial technology.

It is reported that the UK Treasury will conduct a public consultation on the attributes of the digital pound in the coming weeks. (source link)