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Britcoin: Future of a digital pound ‘more likely than not’, Bank of England official says | Business News
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New technologies could help to open up a “new frontier” for payments and the way in which money is used, a Bank of England boss has told MPs. Work on a digital pound, regulated by the Bank of England, was delayed by the “pressure of other business” in September and October last year, the deputy…
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Britcoin digital pound decision to be made by 2025 | Business News
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A decision on whether to introduce a so-called ‘Britcoin’ digital pound is to be made by 2025, the Treasury has announced, as a consultation paper has found one is “likely to be needed in the future”. The creation of a digital form of the currency had been the subject of a consultation paper, published on…