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Here Comes ‘Britcoin’

The Breakdown

00:00

Bitcoin - The Future of the Digital Pound

The UK Treasury and the Bank of England are expanding the discussion of a retail CBDC, inviting public comment on a consultation paper released on Tuesday. While many of the design features are up for debate, UK authorities don't want the digital pound referred to exactly as I'm referring to it here as Bitcoin. It's too early to commit to build the infrastructure for one, but we are convinced that further preparatory work is justified end quote.

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