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Your email address will not be published.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

Larry Ellison Vaults His Way to Second-Richest Person on Earth

  • By djfly
  • July 5, 2025
  • 7 views
Larry Ellison Vaults His Way to Second-Richest Person on Earth

Debt Relief Lawyer: Your Path to Financial Freedom

  • By Gossip
  • July 2, 2025
  • 3 views
Debt Relief Lawyer: Your Path to Financial Freedom

NPP’s Paul Yandoh Raises Concerns Over Chairman Wontumi’s Health and Treatment

  • By djfly
  • June 30, 2025
  • 7 views
NPP’s Paul Yandoh Raises Concerns Over Chairman Wontumi’s Health and Treatment

ECG Raids Katakyie Afrifa’s Residence Over Alleged Illegal Electricity Connections

  • By djfly
  • June 19, 2025
  • 32 views
ECG Raids Katakyie Afrifa’s Residence Over Alleged Illegal Electricity Connections

Government Shuts Down Wontumi FM, Asaase Radio, and 60 Other Stations for Regulatory Breaches

  • By Gossip
  • June 12, 2025
  • 14 views
Government Shuts Down Wontumi FM, Asaase Radio, and 60 Other Stations for Regulatory Breaches

Understanding the Rejection of Kennedy Agyapong’s $20m Property by EOCO

  • By Gossip
  • June 9, 2025
  • 20 views
Understanding the Rejection of Kennedy Agyapong’s $20m Property by EOCO