ChainCatcher news, according to Reuters, British Financial Services Minister Andrew Griffith recently stated that the correct design of the digital pound is more important than rapid launch. China has advanced a digital yuan pilot and the European Central Bank is studying a digital euro, which has put pressure on the UK, which must also keep up with advances in financial technology.

It is reported that the British Treasury will launch a public consultation on the properties of the digital pound in the next few weeks. (Source link)