by The UK isn't going to sit idly by while other countries launch digital currencies. Today, the Bank of England and HM Treasury announced that they will jointly explore "a new form" of virtual money for the public and private sector. A dedicated taskforce has been appointed to assess the risks and practicalities of introducing a digital currency. To help glean new use cases, officials will consult with stakeholders including banks, fintechs, payment infrastructure providers, and technology companies. For now, the UK is simply doing its research and has made no commitment to feasibly act.Engadget Saqib Shah - The UK is considering starting a digital currency
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The UK isn't going to sit idly by while other countries launch digital currencies. Today, the Bank of England and HM Treasury announced that they will jointly explore "a new form" of virtual money for the public and private sector. A dedicated taskforce has been appointed to assess the risks and practicalities of introducing a digital currency. To help glean new use cases, officials will consult with stakeholders including banks, fintechs, payment infrastructure providers, and technology companies. For now, the UK is simply doing its research and has made no commitment to feasibly act.
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Saqib Shah - The UK is considering starting a digital currency