CBDC: The Bank of England Responds to Cash and Privacy Concerns

There were 50,000 responses to the HMT/BoE consultation on CBDCs, and a key concern was user privacy and the protection of physical cash. In its response published just now the BoE says "Neither the Bank nor the Government would have access to users’ personal data" and that legislation will be needed to assure this- Izabella Kaminska