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Bank of England and Treasury think UK is 'likely' to need digital currency

Summary by Ground News

The Bank of England and Britain's finance ministry think the UK is likely to need to create a central bank digital currency later this decade. A CBDC would allow a wider range of businesses - and potentially individuals - to hold electronic money in accounts directly with the BoE. The European Central Bank is working on a digital version of its currency.

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Regina Leader-Post

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BoE and Treasury think UK is 'likely' to need digital currency

LONDON — The Bank of England (BoE) and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this…

2 years ago·Regina, Canada

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The Telegraph

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‘Digital pound’ possible by 2030 in bid to combat falling use of cash

State-backed virtual currency 'likely' as Bank of England and Treasury back 'Britcoin' project

2 years ago·London, United Kingdom

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The Mighty 790 KFGO

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BoE and Treasury think UK is ‘likely’ to need digital currency – Telegraph

LONDON (Reuters) -The Bank of England (BoE) and Britain's finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this decade, the Telegraph newspaper reported on Saturday, citing an unreleased government ...

2 years ago

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SaltWire.com

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BoE and Treasury think UK is 'likely' to need digital currency - Telegraph

LONDON (Reuters) -The Bank of England (BoE) and Britain's finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) ...

2 years ago

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