Not too long ago, the Bank of England mentioned how they were looking into issuing their own digital currency. While this seemed like an intriguing idea, the institution has abandoned the concept, for now. The group feels there will be no “extreme revolution taking place” to warrant future development of a national digital currency. But that does not mean the project will be put on ice indefinitely...
Read more here:
https://btcmanager.com/news/bank-of-england-puts-national-virtual-currency-plans-on-ice/
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