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View more Other working papers. Sign up for email notifications. Staff working papers set out between users of the currency, so speculative activity can crowd out monetary usage.
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The BEST Crypto-Friendly Banks to Use in 2024 (Monzo, Revolut, Wirex)An influential panel in the UK Parliament said the Bank of England should consider whether a state-backed digital pound is really needed. The BOE's plans focus on stablecoins pegged to the value of the British pound because the central bank considers these to be likely to be used. The Bank of England and Financial Conduct Authority are setting out proposals that will bring stablecoins � a type of digital token designed.
