Offline settlements with a digital pound: Lessons from the BoE’s report
The Payments Association
JUNE 16, 2025
Simon Treacy Financial Regulation Counsel, Linklaters “The Bank of England is cautiously exploring a digital pound, confirming offline functionality is technically feasible, though not without trade-offs like secure hardware and balance caps. Key policy questions remain unresolved, including liability, privacy, and consumer demand.
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