Fintech

Bank of England: Digital pound ‘more likely than not’

Sir Jon Cunliffe says a UK digital pound now has a more than 50% chance of coming into existence

'I don’t think we’re behind any other advanced economies in where we are on this', top official tells lawmakers
'I don’t think we’re behind any other advanced economies in where we are on this', top official tells lawmakers Photo: Hollie Adams/Getty Images

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A top Bank of England official has told MPs that there is now a more than 50% chance that a UK digital currency will come into existence.

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