The aim of the APPG ?
The All Party Parliamentary Group on Central Bank and Digital Currency aims to engage a wide range of subject matter experts from industry, Academia, and the banking sector to investigate the use cases of CBDC. This will exist alongside cash and may impact monetary sovereignty and financial stability.
The APPG will act as education platform and will provide insight through collecting evidence and will explore challenges relating technology, privacy, technology, operating models, policy-level, and the opportunities CBDC may offer between public & private sectors.
The APPG on CBDC will monitor and assess the development of the Central Bank and private programmable money worldwide and within the UK.
Central bank digital currency, #digitalpound, #RetailCBDC, opportunities, and challenges.