Britcoin? UK considers developing digital sterling as cash payments decline ...News

Russia Today - Economy
Britcoin? UK considers developing digital sterling as cash payments decline
The Bank of England said it would team up with the UK Treasury to explore a potential national virtual currency as Britain eyes joining the crypto-frenzy that has gripped state regulators across the world. The taskforce will coordinate work on a possible “Central Bank Digital Currency (CBDC)” that could be used by both households and businesses, and would exist alongside cash and bank deposits. “Our vision is for a more open, greener, and more technologically advanced financial services sector,” the UK Treasury chief Rishi Sunak told a fintech conference. Also on rt.com Was

Hence then, the article about britcoin uk considers developing digital sterling as cash payments decline was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Britcoin? UK considers developing digital sterling as cash payments decline )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy