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UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective

January 12, 2023

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United Kingdom Prepares to Begin Consultation on Digital Pound Currency

The executive power in London is considering the introduction a digital version of the national currency, Economic Secretary to the Treasury Andrew Griffith told lawmakers, the BBC reported. A public consultation on the attributes of a digital pound would be launched in the coming weeks, he said, speaking to the parliamentary Treasury Select Committee. Quoted by Reuters, he also emphasized:

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