Bank of England considers postponing the launch of digital pounds

On May 2, three years ago, the British Treasury and the Bank of England stated that it was highly probable that it would be necessary to launch digital pounds, but now the situation has undergone a huge change. At present, the future of the Bank of England digital currency known as the "British pound" is uncertain. According to people familiar with the matter, the market originally expected that the UK would finalize approval or completely shelve the project this summer, but officials are currently considering a compromise: slowing down the research and development process of the central bank's digital currency.