British CBDC will allow £20,000 limit for individuals

If you are lower class you will face a £10,000 limit for digital pounds.

The UK will probably impose a limit of £10,000 to £20,000 ($12,017 to $24,033) for holdings of a new digital currency once it comes into existence, a Bank of England official said.

The central bank and Treasury stepped up work on how to issue the pound in a digital form as early as the end of this decade. But the government will impose a cap on how much of the currency people can hold to prevent money draining out of traditional bank

www.bloomberg.com/news/articles/2023-02-07/uk-plans-20-000-limit-for-individual-holdings-of-digital-pounds?leadSource=uverify%20wall

The plan also include an expiration date and spending limits.

AC