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‘Britcoin’: UK Sets Up Task Force for Digital Currency Backed by Bank of England | Technology News

‘Britcoin’: UK Sets Up Task Force for Digital Currency Backed by Bank of England Chancellor Rishi Sunak jokingly tweeted that the UK digital currency may be called Britcoin, whenever it is released. A special task force from HM Treasury and Bank of England has been created just for exploration of a potential UK CBDC (central bank digital currency) purpose. In an official statement, Bank of England says, “The Government and the Bank of England ha...

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