Getting design of digital pound right is bigger priority than rapid launch, British minister says


Source: theglobeandmail.com theglobeandmail.com

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Britain’s Financial Services Minister Andrew Griffith said on Tuesday that getting the design of a digital pound right is a bigger priority than a rapid launch.HENRY NICHOLLS/Reuters Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain’s Financial Services Minister Andrew Griffith said on Tuesday. China has pushed ahead with piloting a digital yuan, and the European Central Bank is studying a digital euro, piling pressure on Britain to do the same and keep abreast of advances in financial technology. The finance ministry is due to launch in the coming weeks a public...