Bank of England thinks digital pound can co-exist with private stablecoins

Bank of England thinks digital pound can co-exist with private stablecoins

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The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.” The 116-page consultation paper was jointly released on Feb. 7 by the Bank of England (BoE)…

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