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In full: Bank of England on Crypto crisisFast forward to the present day, and you don't need to be a finance or tech expert to know what cryptocurrencies are � or to invest in them. Known informally by the working title 'Britcoin', a UK based CBDC would be a digital version of the pound, regulated and issued by the UK's. The Bank of England is looking to hire a staff of as many as 30 people to develop a central bank digital currency, the Sunday Times reported.