Bitcoin: The UK Treasury is considering a digital pound scheme

According to the economic secretary of the Treasury, the government is thinking about establishing a national cryptocurrency or “digital pound.”

Bitcoin: The UK Treasury is considering a digital pound scheme
Bitcoin: The UK Treasury is considering a digital pound scheme

 

According to Andrew Griffith, the UK is dedicated to becoming a global center for cryptocurrencies.

Furthermore, the establishment of a framework for the widespread use of stablecoins for payment purposes was “a long way down the road,” according to the administration.

Stablecoins are intended to be backed by conventional currencies or assets like gold and have a predictable value.

 

Related Posts

The Ultimate Guide to Accessing Free Wi-Fi Anywhere You Go

In today’s digital age, staying connected is crucial, whether you’re travelling, working remotely, or exploring new places. Free Wi-Fi offers a convenient and cost-effective way to access the internet, communicate,…

Read more

Continue reading
Check out the reasons why your Wi-Fi network is slowing

Is your internet speed slow on Wi-Fi? From network congestion to router position, here are some reasons why you might not be getting full-speed on your wireless connection. While your…

Read more

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Aviation Products Liability Insurance: Protecting Manufacturers

  • By djfly
  • May 19, 2025
  • 10 views
Aviation Products Liability Insurance: Protecting Manufacturers

Airport Insurance: Protecting the Hub of Aviation

  • By djfly
  • May 19, 2025
  • 13 views
Airport Insurance: Protecting the Hub of Aviation

Airline Insurance: Protecting the Skies

  • By djfly
  • May 19, 2025
  • 12 views
Airline Insurance: Protecting the Skies

GHACEM’s Price Reduction: A Boost to the Construction Industry

  • By djfly
  • May 19, 2025
  • 39 views
GHACEM’s Price Reduction: A Boost to the Construction Industry

‘I Am Not Gay, and I Will Never Be

  • By djfly
  • May 18, 2025
  • 39 views
‘I Am Not Gay, and I Will Never Be

Nana Agradaa Sued for Defamation Over Comments About Gifty Adorye

  • By djfly
  • May 17, 2025
  • 257 views
Nana Agradaa Sued for Defamation Over Comments About Gifty Adorye