One step closer to Britcoin? Digital Pound Foundation launches 

The Digital Pound Foundation has launched to promote a central bank digital currency (CBDC) in the UK. 

In Brief:

The foundation acts as an independent forum. 

It has the backing of Accenture, CGI Group and Ripple. 

It will promote the idea that a CBDC will be beneficial to the UK. 

What does this mean?

The Digital Pound Foundation argues that CBDC will help the UK become a more “innovative, inclusive digital economy and society”. The Bank of England is already looking into the potential of this. 

Read more here.