The Bank of England has started consultations on trying to implement a Central Bank Digital Currency (CBDC), which could lead the way in the globalist vision of a cashless economy where all transactions are easily detectable by the government, according to an announcement made this week by the de facto head of His Majesty's Treasury. This implies that the UK is set to launch the digital pound central bank digital currency.
Chancellor of the Exchequer Jeremy Hunt disclosed that the Bank of England will start consultations on the creation of a Central Bank Digital Currency (CBDC), which would serve as a digital equivalent of the pound sterling, as part of his "Edinburgh Reforms" of Britain's financial industry.
The government will start "bringing forward a consultation in the coming weeks to explore the case for a central bank digital currency – a sovereign digital pound – and consult on a potential design," according to Hunt, a pro-China, anti-Brexit figure from the David Cam...