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Ex-BoE governor Mervyn King calls Britcoin a ‘solution without a problem’
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Former Bank of England governor Mervyn King poured cold water on the merits of a central bank digital currency in the UK.
From privacy concerns to the potential to hack any ‘Britcoin’ wallets, King said it was “far from clear” a CBDC had the answers to its potential risks. He called it a “solution without a problem”.
Some economists have argued...
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