The Bank of England’s RSCoin: An Experiment for Central Banks or a Bitcoin Alternative?

  • Banks may prefer RSCoin precisely because banks can have control over the digital currency – but initial problems remain.
  • Taking the Bank of England as an instance, Broadbent told
  • First of all, the new currency domain is not a winner-takes-all domain and has no monopoly status like national currencies do.
  • On February 21, 2016, the Bank of England reported that it had partnered with researchers at University College in London to produce RSCoin, a digital currency designed for central bankers.
  • Banks have long disagreed over whether Bitcoin will help them.

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@JorgeLaranjo: “@SpirosMargaris Which gov will give up currency control? Eurozone is a good example… and”


On February 21, 2016, the Bank of England reported that it had partnered with researchers at  University College in London to produce RSCoin, a digital currency designed for central bankers. 


The Bank of England’s RSCoin: An Experiment for Central Banks or a Bitcoin Alternative?