UK's digital pound would modernize payments but won't replace cash: Minister


$ 103,861.7
€ 92,401.5
¥ 38,800.0
£ 78,170.2
BTC
-0.91 %
$ 2,499.15
€ 2,224.01
¥ 933.90
£ 1,882.05
ETH
-3.28 %
$ 333.57
€ 296.46
¥ 124.69
£ 251.00
XMR
2.36 %
$ 99.83
€ 88.84
¥ 37.30
£ 75.14
LTC
-5.16 %

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.