Business · Economy · 6 hrs ago
Bank of England Deputy Governor Says There Is No Rush to Launch Digital Currency
Sarah Breeden, a deputy governor of the Bank of England, said there is no rush to introduce a digital currency for the public.
The proposed currency is sometimes called “Britcoin.”
It would be a digital form of money issued by the central bank.
Breeden said many other developments in digital payments are already underway.
That means the Bank is not treating a public digital currency as an urgent step.
Her comments do not say that the idea has been cancelled.
No timetable for a launch was given.
Bank of England Deputy Governor Sarah Breeden said there is no rush to introduce a central bank digital currency for the general public.
She cited the many other developments underway in digital payments.
The article refers to the proposed currency as “Britcoin.”
- Who
- Bank of England Deputy Governor Sarah Breeden.
- What
- She said there is no rush to introduce a central bank digital currency for the general public.
- When
- The article was published on October 12, 2026; the date of her remarks is not stated.
- Where
- Not stated.
- Why
- Many other developments in digital payments are underway.
This story does not have two clearly opposing sides.
there’s no rush to introduce a central bank digital currency for the general public because so many other developments in digital payments are underway
This story does not have a timeline yet.
- Speaker
- Sarah Breeden
- Role
- Bank of England deputy governor
- Publication date
- October 12, 2026
- Proposed currency
- Britcoin
Sources
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