The Digital Pound
Motivated by the decreasing usage of cash and other trends in payments, the Bank of England has proposed issuing a “digital pound”, a type of central bank digital currency to complement traditional physical currency and banking deposits. This project on the digital pound aims to kickstart the conversation on fit-for-purpose government regulation for this new currency landscape. Such a prospect presents many opportunities to innovate on our current financial system and payment methods, and increase the accessibility of digital finance. While some digital pound policy reports have circulated from a central banking perspective, the project is tackling the policy gap regarding legal and regulatory mechanisms for implementation from the governmental side.
Project Team
Krystian Mahon (Lead)
Krystian leads the Central Bank Digital Currencies team. He is a currently an Economics student at the London School of Economics. He is interested in economic policy research, and currently works as an Economics Research Assistant at the Health Economics Research Centre at University of Oxford.
William Thompson
William is a researcher for Nologix’s Central Bank Digital Currencies Team. He recently graduated from the University of Oxford with an MPhil in International Relations, achieving a distinction. William has previously researched European Union affairs for a think tank and worked as a research assistant at the University of St Andrews.