Sunak, CBDCs, and Corporatocracy in the UK?

Businessman,Using,Tablet,Online,Banking,,Exchange,Currency,And,Payment,,Digital

Article Summary

A new frontier in financial surveillance and control is emerging from the boardrooms of Big Tech to the corridors of the British Parliament. As the UK government explores the benefits and risks of Central Bank Digital Currency (CBDC) implementation, the ties between Prime Minister Rishi Sunak, Infosys—an IT behemoth owned by his wife’s family—and the government’s CBDC Taskforce prompt a critical examination not only of potential conflicts of interest but the implications this may have on the financial privacy of its citizens.

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