Would the digital pound replace physical money? @bankofenglanduk
Would the digital pound replace physical money?  @bankofenglanduk
Uploaded February 2023 | Updated September 2026, 17 minutes ago
We are looking at the idea of a digital pound for the UK. We have not yet made a decision to issue one, but if we did, it would work alongside cash and not replace it.

We are starting to have a conversation about the digital pound. 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
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Would the digital pound replace physical money?

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