UK’s digital pound would modernize payments but won't replace cash: Minister

2023-2-7 07:52

Finance minister Jeremy Hunt says the digital pound, or “Britcoin,” would be issued and backed by the Bank of England, but it won’t negate the use of cash.

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Источник: cointelegraph.com

cash minister → Результатов: 15

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DeFi Project Arabic Cash Offers a Shelter During Correction. Final Round of Private Sale

United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country’s plans to double its gross domestic product. This means that new crypto projects will appear in the Arab World in the near future, which will differ in manufacturability, reliability and, most importantly, in scale. One […]

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ARABIC CASH launches third and final round of Private Sale

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sale arabic round private cash final launches

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Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks

Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use.

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Bitcoin Viability Strengthened by New Cash Limits in Italy

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Crypto Donations to Politicians Are Unregulated in Japan: Report

Japanese politicians are barred from accepting cash and security donations but can receive crypto assets, says internal affairs minister Sanae Takaichi

2019-10-9 17:19	Government
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Cryptocurrency Donations to Politicians Legal in Japan Says Internal Affairs Minister

Crypto donations are legal and do not need to be approved for political donations like cash or securities.

2019-10-8 15:30
donations legal approved need cash securities like

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France Will Not Tax Crypto to Crypto Trades, But Will Tax Gains If Converted To Cash/Fiat

The French government has finally decided how to tax crypto trading. According to the French economy minister Bruno Le Maire, all trades between cryptos are exempt from taxes but the gains will be taxed when they are converted back into fiat currency.

2019-9-13 23:36
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Analysts: Italy Taxing Safety Deposits Could Be Bullish For Bitcoin

Coinspeaker Analysts: Italy Taxing Safety Deposits Could Be Bullish For BitcoinThe Deputy Prime Minister of Italy proposed a new tax on cash and other valuables held by citizens at safety deposit boxes.

2019-6-13 19:13
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Italy’s Terrifying Currency Scheme is Insanely Bullish for Bitcoin

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A Boon for Bitcoin? Italian Government Proposes Tax on Savings in Held in Bank Safes

The Deputy Prime Minister of Italy has proposed a new tax on cash and other valuables held by citizens at banks. If actually imposed, the measure could drive people towards Bitcoin as a way to keep their savings safe from cash-strapped government ministers.

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Bitcoin Could Badly Spoil Australia’s Cash Payment Crackdown Plan

By CCN: Bitcoin is a lousy tool to launder million and billions worth of cash. But the same cannot be said about a mere $6,989, as not noted by Malcolm Turnbull. The former Australian Prime Minister led his office to launch a crackdown on cash-in-hand payments.

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Cryptocurrency may be the help Zimbabweans have been waiting for – Finance Minister

The appointment of a new finance minister for Zimbabwe may also mark the beginning of a new era as the minister said cryptocurrency may help solve Zimbabwe’s cash shortage problem, a view that is contrary to what the government had believed.

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Digital Pound Should Be Interoperable With Crypto, UK Lobbyists Say

Stakeholders also want the Bank of England to consider tougher caps on individual digital pound holdings to prevent bank runs.

Bank of England’s Project Rosalind results out, digital pound plans in progress

Bank of England's Project Rosalind, in collaboration with the Bank for International Settlements (BIS), has brought the debut of the digital pound one step closer

Bank of England assembles 30 experts to design the digital pound

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UK Economic Affairs Committee unconvinced by prospect of retail CBDC

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Ripple Joins the Digital Pound Foundation: Designing a Path for a CBDC-Forward Future

Today, Ripple is excited to announce it is joining the Digital Pound Foundation, a non-profit focused on the development and implementation of a digital Pound in the United Kingdom. Ripple, as a Foundation member, will be represented on the board by Susan Friedman, Head of Policy.

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