England will launch its own cryptocurrency soon

Home » ALTCOINS » England will launch its own cryptocurrency soon
2018-01-11
England will launch its own cryptocurrency soon

The Bank of England announced that it plans to launch its own cryptocurrency in 2018-2019.

2017 was a year of an unprecedented success of Fintech industry and cryptocurrency world. For example, Bitcoin has shown a shocking growth in price from 800 USD in January 2017 to 14 000 USD in January 2018, Ether has also shown extraordinary growth of over 15,000% – from $8.24 to $1,314.64.

In the end of 2017, the Bank of England announced about the creating of a group to investigate the chances of developing a cryptocurrency, similar to that of Bitcoin or Ethereum. Such research teams were also created in India, China, Japan and a number of other countries in 2017.

The group of prefessionals in different fields will present a report on their research in 2018. The Bank of England representative, Mark Carney, might apply the new British cryptocurrency primarily for transactions conducted between central banks across the world.

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,074.00
  • ethereumEthereum$165.02
  • rippleXRP$0.327899
  • tetherTether$1.00
  • eosEOS$5.35
  • stellarStellar$0.115411
  • litecoinLitecoin$79.58
  • cardanoCardano$0.084349
  • tronTRON$0.026639
  • moneroMonero$67.51
  • iotaIOTA$0.319863
  • nemNEM$0.065877
  • dashDash$120.85
  • neoNEO$11.42
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 48
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 45
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 43
© 2017–2018