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Tom Mutton: ‘There is just no space to get a CBDC wrong’

The Bank of England’s CBDC and fintech director is leading the work to develop a potential digital pound. Can he deliver?

By Alex Daniel
Tom Mutton: 'Now we need to look at the realities — the practicalities of actually building and delivering a digital pound'
Tom Mutton: 'Now we need to look at the realities — the practicalities of actually building and delivering a digital pound' Photo: Danilo Agutoli for FN

On the weekend of King Charles III’s coronation, Tom Mutton walked into a London coffee shop and was handed a leaflet extolling the dangers of central bank digital currencies.

Mutton is the Bank of England’s CBDC and fintech director. If the UK gets a so-called digital pound, he will be the man behind it.

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