916World Current AffairsMedium
What is the name of the new digital currency, being explored by the United Kingdom?
ABrit Currency
BBritcoin
CBitcoin
DDigi Brit
Correct answer
B. Britcoin
Explanation
The United Kingdom is exploring the possibility of creating a new digital currency, which is dubbed as “Britcoin”. The Bank of England and the Treasury are set to work together to assess the benefits of a central bank digital currency.