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Daily Crypto News UK
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UK Regulation

Bank of England Opens Second Consultation on Digital Pound

Threadneedle Street invites industry feedback on privacy controls and holding limits ahead of a 2027 design decision.

Eleanor Whitfield·6 May 2026·6 min read
Bank of England Opens Second Consultation on Digital Pound

London — Threadneedle Street invites industry feedback on privacy controls and holding limits ahead of a 2027 design decision. The story has been developing rapidly across UK trading desks this week, with analysts noting a clear shift in sentiment among institutional allocators.

Industry insiders speaking to Daily Crypto News UK said the moves reflect a maturing British market, where regulatory clarity has finally caught up with retail demand. Several London-based funds have re-entered positions they previously trimmed.

What it means for UK investors

For everyday British investors, the developments raise practical questions about tax treatment, custody and access. The FCA has repeatedly stressed that consumers should treat crypto as a high-risk asset class.

We will continue to follow the story. Subscribe to The Morning Brief for daily UK-focused coverage delivered to your inbox.