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UK Lawmakers Question Whether ‘Britcoin’ Digital Pound is Needed

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Dec. 2, 2023, 12:01 a.m. | Tom Rees

Bloomberg Technology bloomberg.com

An influential panel in the UK Parliament said the Bank of England should consider whether a state-backed digital pound is really needed because the risks to the banking system and privacy may outweigh the benefits.

bank banking bank of england benefits digital england lawmakers may panel parliament privacy question risks state system

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