On January 25, reports emerged that the UK Treasury is advertising for a candidate to help in steering the government’s approach to the introduction of a central bank digital currency (CBDC).
The Bank of England (BoE) and The Treasury are now working together via the CBDC task force to explore the case for a digital pound.
Notably, the job posting stated:
“Treasury and the Bank of England have committed to consulting jointly on a potential digital pound, and the successful candidate will lead the Treasury team in the wake of the consultation’s issuance, including working with the Bank of England to consider consultation responses.”
“The forward timeline for the work has been set out by Ministers and the Bank of England, and the successful candidate will be responsible for setting strategic direction within Treasury to deliver on that plan.”
The 2-year posting, which has now attracted 17 applicants, can be based in Darlington or London on a salary of £61,260 – £66,500 per year.
Buy Bitcoin NowInterestingly, The Treasury will be operating a drop-in session for possible applicants, on February 6, 13:30-14:30, to give candidates extensive insight about the role and the opportunity to learn more about HM Treasury and the recruiting process.