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

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'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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