LONDON—The U.K. Treasury is seeking a candidate to direct the government’s strategy for the implementation of a central bank digital currency (CBDC).
The Bank of England and HM Treasury have agreed to conduct a joint consultation regarding the possibility of a digital pound and are advertising for the role of a CBDC lead in a LinkedIn posting, according to a report by Blockzeit.
The successful candidate will be responsible for leading the Treasury team in the aftermath of the consultation’s issuance, which will include collaborating with the Bank of England to evaluate the responses to the consultation, the posting said.
The United Kingdom Treasury and the Bank of England have formed a CBDC Taskforce in order to investigate the potential benefits of adopting a digital version of the pound.
In 2022, Andrew Griffith, who had recently been appointed to the position of economic secretary to the Treasury, informed the members of the U.K. Parliament Treasury Committee that there would be a protracted period of time leading up to the implementation of a national CBDC, Blockzeit noted.
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