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Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops

Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops

The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights th...
Jul, 31, 2024
by Bitcoin News
Britcoin: Is a Digital Pound Really on The Horizon?

Britcoin: Is a Digital Pound Really on The Horizon?

The UK Parliament and the Bank of England (BOE) continue to “um and ah” over whether a state-backed digital pound also known as “Britcoin” or a Cen...
Jan, 25, 2024
3 min read
by Cryptonews
Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder

Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder

According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterl...
Jul, 16, 2023
9 min read
by Bitcoin News
UK Finance: Digital Pound Holdings Should Be Limited to £5,000 to Avoid Panic

UK Finance: Digital Pound Holdings Should Be Limited to £5,000 to Avoid Panic

U.K. Finance, one of the largest finance membership organizations in the U.K., has issued its recommendations to the Bank of England regarding the ...
Jul, 04, 2023
2 min read
by Bitcoin News
BoE CBDC Chief says digital pound will be pseudonymous and privacy-focused

BoE CBDC Chief says digital pound will be pseudonymous and privacy-focused

The Bank of England (BoE) has made substantial progress with its central bank digital currency (CBDC) program. Tom Mutton, director of fintech at t...
Jun, 27, 2023
3 min read
by CryptoPolitan