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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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Tony Blair and William Hague call for everyone to have digital ID cards | Politics News
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Sir Tony Blair and Lord Hague have joined forces to urge the government to roll out “digital ID” as part of a “fundamental reshaping of the state around technology”. Their plan would involve a new ID incorporating details such as a passport, driving licence, tax records, qualifications and right-to-work status which could be stored on […]
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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 […]
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‘Digital mimics’ among 16 projects launched to help NHS with winter pressure | Science & Tech News
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Researchers are using artificial intelligence (AI) to “digitally mimic” households struggling with the impact of the cost of living crisis to simulate the most effective ways to help. It’s one of more than a dozen projects spanning data analysis to machine learning that have been launched to help counter the winter pressures facing the NHS. […]
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Does the extradition of one crypto’s highest-profile players mean digital currencies are fundamentally unsound? | UK News
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As a symbol of the year in crypto, the sight of Sam Bankman-Fried being hustled out of court in Nassau to a blacked-out SUV that would take him to an airfield, and an extradition flight to New York, takes some beating. For the highest-profile player in cryptocurrency, 2022 has come to an abrupt and unforgiving […]
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Elon Musk warned by European Union that Twitter will be banned unless he sticks to bloc’s digital rules – report | Science & Tech News
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The European Union has reportedly threatened to ban Twitter unless Elon Musk abides by its strict content moderation rules. The warning, which has been reported by The Financial Times, could be the start of a regulatory battle over the future of the social media platform across Europe. EU industry chief Thierry Breton made the threat […]
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The digital trail that sheds light on final months of Molly Russell’s life | UK News
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Molly Russell was a typical teenage girl. She liked Harry Potter and horse-riding. She was juggling homework, starring in an upcoming school play, and keeping up friendships, all with the support of her loving family in northwest London. But in November 2017, Molly took her own life at the age of 14. An inquest revealed […]