UK MP’s urge Caution on Digital Pound

Whenever a new technology emerges in the financial services sector, it rightfully always faces a high level of scrutiny from regulators to protect the economy.

This is true in the case of CBDCs — particularly the UK's 'digital pound', as proposed by the Bank of England.

In Gibraltar, we recognise that regulatory scrutiny is integral to the adoption of new technology, so long as it allows for an equal amount of innovation. Our well-established DLT framework was put in place to ensure a high standard of compliance and protection for users.

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