British finance minister Rishi Sunak told the Bank of England on Monday to look at the case for a new “Britcoin,” or central bank-backed digital currency, aimed at tackling some of the challenges posed by cryptocurrencies such as bitcoin. A BoE-backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly …
The post ‘Britcoin’ not bitcoin? UK considers new digital currency first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/britcoin-not-bitcoin-uk-considers-new-digital-currency/