Bank of England’s CBDC Academic Advisory Group met in January 2026 for its final session, reviewing progress on the digital pound. Chair welcomed members and noted recent updates on product strategy, interoperability, alias service and offline payments. Subgroups discussed security, emphasizing governance and privacy safeguards; innovation, focusing on financial inclusion and cross‑border efficiency; holding limits for systemic stablecoins, with provisional £10‑20k limits for launch; financial stability, weighing remuneration and disintermediation; uniformity, arguing a retail CBDC is not essential but can support trust; and viability, analysing consumer and merchant adoption dynamics. The Bank will continue engagement as subgroup work is finalised, and channels for ongoing dialogue remain open.
© Governor and Company of the Bank of England.
Summary adapted from the Bank of England website (https://www.bankofengland.co.uk ).
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