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Category UK Treasury Committee

UK Treasury fears retail digital pound would cause bank run due to easy access

UK Treasury fears retail digital pound would cause bank run due to easy access

The U.K. Treasury Committee is unsure if the benefits of a retail Central Bank Digital Currency (CBDC), or digital pound, will outweigh its risks a...
UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling

UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling

The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.