Britcoin Consultation Lays Groundwork for UKs Digital Pound
Officials are moving ahead with plans to roll out a digital pound, adding that the launch of a "Britcoin" could happen in the next few years.
Britcoin Digital PoundOfficials are moving ahead with plans to roll out a digital pound, adding that the launch of a "Britcoin" could happen in the next few years.
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Britcoin Central Bank Digital CurrencyUKs finance minister noted that the aim of the Digital Pound is to build a digital asset that is trust, accessible and easy to use.
Britcoin Digital PoundThe Bank of England and Treasury consultation paper on a digital pound has said 'Britcoin' is "likely to be needed in the future"
Britcoin Digital PoundThe Bank of England and the Treasury are set to introduce the idea of a digital pound CBDC in a roadmap to be launched next week. The central bank currency, which has been dubbed Britcoin, could be in use by 2030 and will sit alongside the traditional physical currency. Despite this, there are fears that []
Britcoin CBDC Digital PoundBank of Englands Governor, Andrew Bailey, recently questioned the need for a digital pound in front of the parliaments Treasury Select Committee.
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