Bank of England considering launching digital currency

posted 4 months ago
England’s premier bank announced it is considering digital currency research and development. The rise of China’s digital yuan and Facebook’s Libra currency served as a catalyst.

Bank governor Andrew Bailey said “in a few years” the rollouts of digital currency can be expected in the U.K., also indicating the concept could become a global theme. Bailey went on to say “We are looking at the question of, should we create a Bank of England digital currency."
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