Bank of England recruiting academics for next phase of digital pound design

Quick Take

  • The Bank of England wants academics for its newly formed digital pound advisory group.

The Bank of England is recruiting academics for its newly created central bank digital currency Academic Advisory Group. 

"We will bring together experts related to our work on the digital pound, including monetary policy, finance, competition economics, industrial organisation, behavioural science, law, innovation theory, marketing, and business," the BoE said in a statement.

The BoE wants academics to help it, "understand the practical challenges of designing, implementing and operating a CBDC."

The CBDC Academic Advisory Group will not have any decision-making responsibilities. It will serve as a platform for knowledge and research exchange. "Through this group, we seek to generate expert academic input and promote interdisciplinary discussions on a range of topics related to retail CBDC," the BoE added.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and