The digital pound: A new form of money for households and businesses?

From bankofengland.co.uk

Money is at the heart of how the economy works and our everyday lives. Today we can pay in many different ways and this choice is important. People choose what is best for them and what’s convenient in that moment. Sometimes we prefer to use cash – the banknotes and coins in our wallets – to pay for things, while other times we might pay with the money in our bank accounts, using our cards or phones, especially online. Cash is provided by the public sector, but bank accounts – whether you use them through cards or apps – are provided by the private sector. Whichever way you choose to pay, you can always ... (full story)