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What is BRITCOIN?
Central bank digital currencies (CBDCs) received yet another shot in the arm after the Bank of England (BoE) and the Treasury launched a taskforce to look into a potential digital currency for Britain, nicknamed “Britcoin”. This comes at a time when many central banks around the world are becoming increasingly concerned at the speed at which cryptocurrencies are growing and being embraced by institutions.
Mark Littlewood, Director General (IEA) sits down with Money Week Columnist Dominic Frisby (@Money, Markets & More with Dominic Frisby ) to discuss Britcoin and it’s implications.