Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

A new LinkedIn job posting from the U.K. Treasury is seeking a "Head of Central Bank Digital Currency."

"The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a U.K. central bank digital currency (CBDC)," reads the posting.

The CBDC chief will lead the Treasury team as it works with the Bank of England on the government's soon to be issued consultation on the digital pound, the listing continues. This role will fit into the existing Payments and Fintech Team and is a separate from the current head of crypto-assets and digital currencies.

At the time, the U.K. is still considering whether or not it should issue a CBDC. In November Bank of England Deputy Governor Jon Cunliffe said the collapse of crypto exchange FTX and its impact on crypto as a whole proved the need for a digital pound.

Countries around the world are considering the same, with two-thirds of central banks in a recent Official Monetary and Financial Institutions Forum (OMFIF) survey saying they would issue a CBDC within 10 years. The Bahamas, Nigeria, Eastern Caribbean and Jamaica have already issued a CBDC, while China is ahead of most larger nations with its own CBDC trials.


DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.


Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


CoinDesk - Unknown

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.