The Bank of England and the UK Treasury have released a consultation paper outlining their case for a retail central bank digital currency (CBDC) or “digital pound.”

…indicate the capacity for the government of the UK, with the help of major companies, to lock their citizens into financial obedience with strict regulation regarding the usage of each private citizens’ money…

https://www.zerohedge.com/crypto/uk-government-pursues-digital-pound-while-bank-ceos-restrict-bitcoin-access