Digital pound could hit financial stability and erode privacy, UK lawmakers warn

January 13, 2022 8:25 AM

LONDON (REUTERS) – A digital pound used by consumers could harm financial stability, raise the cost of credit and erode privacy, though a version for wholesale use in the financial sector demands greater appraisal, British lawmakers said on Thursday (Jan 13).

Source : https://www.straitstimes.com/business/banking/digital-pound-could-hit-financial-stability-and-erode-privacy-uk-lawmakers-warn