Amanda Pritchard, the Chief Executive Officer of NHS England, has noted a significant rise in the number of people seeking help for issues related to cryptocurrency betting and trading.
The Bank of England, together with the UK's Treasury, is actively deliberating the risks and advantages of introducing a Central Bank Digital Currency, dubbed Britcoin. Their focus is on its potential economic impact and benefits for UK citizens.
Craig Wright, who has famously claimed to be Satoshi Nakamoto, was compelled to issue a retraction on his website after the High Court of England and Wales found his claims to be false.
This fall, the Financial Conduct Authority and the Bank of England are set to introduce the first group of projects to the Digital Securities Sandbox.
They announced a new job on LinkedIn: “Head of Central Bank Digital Currency.” "The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a U.K. central bank digital currency (CBDC)," reads the post. The Bank of England (BoE) had previously stated that the FTX collapse proved the need for a digital pound.