Aztec Labs shares PETs with Bank of England

In times of growing digital transactions, it becomes imperative to scrutinize matters of privacy and safeguard the interests of consumers, which Aztec Labs has decided to do on a war footing. While governments and financial institutions are seeking ways of further developing the Central Bank Digital Currencies (CBDCs), Aztec Labs is on the verge of sharing what they call their Privacy Enhancing Technologies (PETs) with the Bank of England. It was sometime in February 2023 when the Bank of England came out with its consultation paper, which they called The Digital Pound: A New Form of Money for Households and