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Rishi Sunak: 'Britcoin' will not replace cash

Rishi Sunak has hosed down any suggestion that the government could replace cash with a digital currency dubbed “Britcoin”.

Rishi Sunak: 'Britcoin' will not replace cash
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Sunak said in a LinkedIn post that the government has “not yet made a decision on whether to introduce a [Central Bank Digital Currency] in the UK”, after reports over the weekend suggested the chancellor wants to introduce the new currency.

Read more at City A.M.

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