Written question asked by Lisa Cameron (Conservative) on Monday, 29 April 2024, in the House of Commons. It was due for an answer on Wednesday, 1 May 2024. It was answered by Bim Afolami (Conservative) on Wednesday, 8 May 2024 on behalf of the Treasury.
Central Bank Digital Currencies
- Question
-
To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the fiscal impact of a potential digital pound by way of increased seigniorage revenue.
- Answer
-
No decision has yet been made to issue a digital pound. HM Treasury and the Bank of England continue to explore the feasibility and potential design choices of a digital pound as part of the current design phase. The exploration of a digital pound considers the future of central bank money, meaning that this project supports the Bank of England’s primary objectives on monetary and financial stability.
Secondary information
- Type
- Written question
- Reference
- 24058
- Session
- 2023-24
- Registered interest declared
- Yes
- Grouped for answer
- Yes
- Subjects
- Central bank digital currencies
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2024-05-08 16:37:16 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/24058
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/24058
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/24058