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Bank of England Calls for CBDC Advisors as Digital Pound Moves to Design Phase
The Bank of England (BoE) is recruiting academics for its central bank digital currency (CBDC) advisory group. BoE announced on Wednesday that it was working with His Majesty’s Treasury to create a CBDC Academic Advisory Group (AAG) as it moves into the design phase of the digital pound.
The advisory group is expected to draw experts from relevant fields such as monetary policy, finance, competition economics, industrial organization, behavioral science, law, innovation theory, marketing, and business. According to the bank’s website, applications are open until September 3, 2023.
BoE states that the AAG will serve as a “platform for knowledge exchange and research collaboration, and as a multidisciplinary group, it will provide a wide-ranging and nuanced view on the key questions on CBDCs”. The group is also expected to “encourage diverse ideas, open debate and perspectives that challe
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