Britain not behind other central banks in digital currency plans, says BoE


FILE PHOTO Britains Deputy Governor of the Bank of England Jon Cunliffe speaks during the Bank of Englands financial stability report at the Bank of England in the City of London Britain June 27 2017.  REUTERS Jonathan Brady

FILE PHOTO: Britain's Deputy Governor of the Bank of England Jon Cunliffe speaks during the Bank of England's financial stability report at the Bank of England in the City of London, Britain June 27, 2017. REUTERS/ Jonathan Brady

LONDON (Reuters) - Britain is not lagging other central banks in issuing a digital version of its currency for day-to day-payments, Bank of England Deputy Governor Jon Cunliffe said on Tuesday.

Cunliffe was pressed by lawmakers on the Treasury Select Committee on why a public consultation on a digital pound launched earlier this month had been delayed by several months.

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