10th December 2014

BBA and Payments Council submission on HMT Digital Currencies consultation

The BBA and the Payments Council have responded to HM Treasury’s Call for Information on digital currencies. The Call was launched in November after the Chancellor announced a major programme of work examining digital currencies and associated technologies. The Call focuses on digital currencies as a payment method, rather than as speculative investment. We support the approach of HM Treasury in issuing the Call as this provides a basis for further discussion on the UK position in respect of this emerging market.

Our full response is available via the link below.