Digital pound likely this decade, Treasury says

Digital pound likely this decade, Treasury says

But this is looking towards a near future that sounds like monetary science fiction. At its heart it is about data on what you spend, and what the entire population spends. It is a world where people might just choose to trust international private sector brands, in finance or in tech, more than the state. Think Amazon, or Facebook, or maybe Chinese-owned Alibaba or Tiktok having a version of sterling.

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