Uploaded February 2023 | Updated September 2026, 2 hours ago

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In this short video, we talk about what kind of things you could use digital pounds for. It would be a new form of money that would not replace cash that could be used online and in-store and would be designed for use by households and businesses. We are looking at the idea of a digital pound, but have not taken yet take a decision on whether to introduce one.

This is part of a series of short videos answering questions you may have.
See the full series at: b-o-e.uk/videos.

You can also find out more on our website: bankofengland.co.uk/the-digital-pound