UK Labour Party Commits to Digital Pound While Considering Crypto

Web3 Tech Brief By HackerNoon

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The Labour Party has already made, as part of its mandate for financial services published in January, a commitment to expand the use of AI in financial service
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Britain’s Labour Party places Keir Starmer in a unique opportunity to reshape the UK's financial landscape. The Labour Party has already made, as part of its manifesto, a commitment to expand the use of AI in financial services. In February 2023, the UK Treasury and the Bank of England already announced that state-backed digital pound would likely be introduced later this decade.