Bank of England ‎to Beat Bitcoin with Rival Cryptocurrency Coming Out in ‎‎2018‎

[kreslik.news]

With the massive surge in the popularity of cryptocurrencies, it appears that the ‎United Kingdom might soon have its very own Bitcoin-like digital coin, ‎according to a report in The Telegraph.‎

The Bank of England has established a research unit to probe the possibility ‎of issuing a prototype cryptocurrency, which could serve as a rival to the likes ‎of Bitcoin and Ethereum.

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The unit is expected to report back within the next 12 months, though the endgame is far from clear. According to local media, if the new digital currency ... (read more)