The Bank of England will approve the release of a copy of the digitized digital currency, similar to Betcoin, early next year.
Since 2015, the bank has instructed a research unit to consider the possibility of launching a digital operation linked to the pound sterling, according to the newspaper "Economic".
If approved, the bank's release of digital currencies will bring about a revolutionary change in banking transactions as many financial institutions remain cautious about the new currencies. In addition, British citizens will be able to use the digital currency to buy regular items, book tickets, or even acquire real estate with ease, without the need for old payment methods.
The Bank of England conducted digital currency tests, including Petcown, to see how well digital deals are doing.
In the past year, the value of KFH has increased significantly, not exceeding $ 920 in January, but in mid-December it reached $ 16,000, but it soon fell.
Mark Carney, governor of the Bank of England, said he finally met a number of central bankers and discussed the launch of digital currencies.
Source: Arabic 21