| The UK has always been at the forefront of financial innovation, and we continue to lead the way today. This year, we became the first Western country to issue sukuk sovereign bonds. But we risk being caught on the hop in the emerging digital world.
Within a few years, digital currencies, like Bitcoin, have gone from non-existent to mainstream. The market capitalisation of the 10 that are most widely used hovers around the £4bn mark. If Britain is the first country to embrace these currencies, we could see the huge benefits of a first-mover advantage...............................................Full Article: Source
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