BOE’s Cunliffe Says Decision on Britcoin Is ‘Some Years Away’

Bank of England Deputy Governor Jon Cunliffe said a decision on whether to launch a digital version of the pound in Britain is still “some years” away.

Speaking at Politico’s Global Tech Day conference, Cunliffe reaffirmed that the UK was “likely” to need a central bank digital currency, or CBDC, and put the odds of the project going ahead at “seven out of 10.”