Britcoin: UK plans to replace cash with official digital currency in ‘biggest upheaval in the monetary system for centuries’

Cash in people’s pockets would be superseded by a new ‘Britcoin’ digital currency in a plan being pushed by Chancellor Rishi Sunak.

In what Treasury insiders say would be the biggest upheaval in the monetary system for centuries, the Bank of England would establish a direct digital equivalent to physical money and take control of it in the same way as sterling.

www.dailymail.co.uk/news/article-9821855/amp/Rishi-Sunak-plans-replace-cash-official-digital-currency.html?__twitter_impression=true

 

 

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