On 21 January 2020, the Bank of England (BoE) announced that it has created a group of international central banks to share experiences as they assess the potential cases for central bank digital currencies. The group will also closely coordinate with the Financial Stability Board and the Committee on Payments and Market Infrastructures.

The group will place a particular focus on assessing use cases; economic, functional and technical design choices (including cross-border interoperability); and the sharing of knowledge on emerging technologies.