Sirwin
Sirwin

Short #5 Controversy Surrounding Digital Pound in the UK! What Does It Mean for Cryptocurrencies?


 

The United Kingdom plans to introduce a digital pound, which has gained interest from cryptocurrency companies and lobbying groups.

However, there is an opinion that this currency should be interoperable with cryptocurrencies to be more future-proof.

The Bank of England proposes a platform model where private companies can provide wallets and integrate with the infrastructure of the digital pound.

In response to the government's plans, concerns arise regarding user privacy and the adequacy of holding limits for the central bank's digital currency. There is also a proposal for the digital pound to collaborate with cryptocurrencies through the use of smart contracts. 

 

Polish version: 

https://ecency.com/crypto/@chainableit/short-5-controversy-surrounding-digital

 

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Chainable.it
Chainable.it

I am an experienced programmer who has recently started creating tutorials on various topics within the IT world. In my tutorials, I cover topics such as PHP, JavaScript, Python, HTML, CSS, PowerShell, Windows, Linux, and AI.


chainable. enter the blockchain
chainable. enter the blockchain

The world of cryptocurrencies from a programmer's perspective. My journey through coding in blockchain, airdrops, promotional tokens, and interesting projects discovered in web.

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