The Bank of England publishes two papers on a new digital pound, seeming to favor centralized databases over a blockchain and imposing a £10K limit per person (Jack Schickler/CoinDesk)

Jack Schickler / CoinDesk:
The Bank of England publishes two papers on a new digital pound, seeming to favor centralized databases over a blockchain and imposing a £10K limit per person  —  The Bank of England has set out technical features of its central bank digital currency, which officials have said is likely to be needed.

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