The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized.
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The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized.
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Brian Armstrong will give suggestions to the U.K. on regulations, taxes and ensuring collaboration between the banking and FinTech sectors.
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Finance minister Jeremy Hunt says the digital pound, or “Britcoin” would be issued and backed by the Bank of England, but won’t negate the use of cash.
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