💼🏦 Jon Cunliffe, Deputy Governor of the Bank of England, mentioned that over 50,000 transactions involving central bank-issued digital pounds have been conducted. Feedback from stakeholders raised concerns about privacy, programmability, and potential conflicts with cash. Cunliffe emphasized that if the digital pound is launched, the central bank won't access user data, maintaining privacy like existing electronic payments. Additionally, the central bank won't directly interfere with the digital pound's programming function, leaving it to the private sector to develop and provide programming functions. #DigitalCurrency #CBDC 📊💳🏴󠁧󠁢󠁥󠁮󠁣󠁿