Bank of England to consider digital money plan

Business LIFESTYLE


It would basically be a digital version of sterling, backed by the Bank of England, that could change the payments system, the plumbing of the financial system. It would not be a Bitcoin-style speculative asset with wild fluctuations in value. But there will be limited appeal for the fans of crypto, who invest precisely because of their scepticism about central banks.

https://www.bbc.co.uk/news/business-56799726,

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