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![EdGeraldX Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1774188019786158080.png) CryptoEdge [@EdGeraldX](/creator/twitter/EdGeraldX) on x XXX followers
Created: 2025-07-23 06:19:17 UTC

BANK OF ENGLAND RECONSIDERS DIGITAL POUND PLANS

The Bank of England is reportedly weighing abandoning its CBDC project.

Governor Andrew Bailey signals preference for private sector payment innovations over a state-backed digital currency.

This marks a potential shift away from central bank-issued digital money in the UK. 

Future of the “digital pound” now appears uncertain.


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**Related Topics**
[money](/topic/money)
[marks](/topic/marks)
[currency](/topic/currency)
[signals](/topic/signals)
[cbdc](/topic/cbdc)
[bank of](/topic/bank-of)

[Post Link](https://x.com/EdGeraldX/status/1947904329915957305)