Benefits of ‘Digital Pound’ Unclear: Treasury Select Committee

Malcolm Hudson
By Malcolm Hudson
December 4, 2023NTD UK News

A committee of MPs said it’s unclear whether the benefits of a “Britcoin” or a fully digital pound outweigh the risks, highlighting privacy issues and the risk of future authoritarianism. But the committee says they still support the continued development of the United Kingdom’s digital currency.


ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.