Could a digital pound pay off for consumers?

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Britcoin CBDC Touted as Replacement to Cash by Bank of England

The UK plans to impose a cap of between 10,000 to 20,000 ($12,017 to $24,033) for initial digital wallet holdings as it pushes forward with plans to introduce a Central Bank Digital Currency (CBDC), according to a Bank of England (BOE) official...

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Britcoin CBDC touted as replacement to cash by Bank of England

Britcoin wallets will face an initial cap of between 10-20k.

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Digital Pound Likely this Decade, Treasury Says

RELATED STORIES UK Steps Up Planning for Digital Pound Currency Backed by BOE February 7, 2023 Britcoin? UK Gets Closer to Launching a Digital Currency February 7, 2023 A state-backed digital pound is likely to be launched later this decade, according to the Treasury and the Bank of England...

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UK Steps Up Planning for Digital Pound Currency Backed by BOE

The Bank of England and the UK Treasury stepped up work on creating a digital currency to sit alongside physical banknotes and sought to allay concerns that the work could threaten the stability of banks...

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'Britcoin' UK digital currency to be capped at 20,000 each

The 'digital pound' could be launched by the second half of the decade, according to a consultation launched by the Bank of England and the Treasury.

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