Bank of England Backtracks on Plan to Launch Cryptocurrency
Bank of England Backtracks on Plan to Launch Cryptocurrency
The Bank of England has dropped plans to launch its own digital currency amid concerns about its impact on the financial system.
Read more: www.coindesk.com
Related news
Bitcoin Price Analysis: Bitcoin Poised for a Potentially Large Market Move
Over the last month, bitcoin has seen large swings in price as the bulls scramble to call the bottom and the bears scramble to call the top of the market. The market saw a 50% retracement a few weeks ago, leading the bullish investors to “buy the dip”...
Read more: bitcoinmagazine.com
Other hot crypto news today
- Coinbase Rejects Ripple Integration Rumors, Currency’s Market Cap Drops $22 Billion
- Bitconnect Slapped with Securities Emergency Cease and Desist Order
- Rise of Bitcoin Competitor Ripple Creates Wealth to Rival Zuckerberg
- Zuckerburg to Study Cryptocurrency in Quest to Decentralize Facebook
- No New Crypto: Coinbase Squashes Exchange Listing Rumors
- Dogecoin Market Cap Hits $1 Billion, to Its Creator's Dismay
- Facebook’s Mark Zuckerberg Resolution: “Give People the Power” via Cryptocurrency
- Texas Regulator Orders Bitconnect to Cease and Desist Marketing ‘Securities’
- Ripple Gateways Can Freeze Users’ Funds at Any Time
Follow me @cryptonized for the latest cryptocurrency news...
it's interesting what zuckerberg will do, it sounds very exciting
I don't know if it is good or bad, it will be a crypto coin runned by a bank so they can tax and follow you at the same time. That's not why the cryptos was made for.
I really wonder if now is the right time for sovereign nation cryptos.... quantum computing cant be far off and that will fundamentally change how blockchains are mining and the potential for the code. Any national crypto will undergo multiple hard forks as thr technology evolves...
Wind of change, new evolution and generation upcoming...!
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They got the memo from the IMF "All good we got this covered."