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A ‘Britcoin’ would trade convenience for societal dangers that hard cash keeps in check
Two years ago, the House of Lords looked into whether the Bank of England should issue digital pounds to be held in electronic wallets. Peers were unconvinced, asking if this wasn’t “”. Last December, on the Treasury select committee said the . The government’s response, however, was to tell the public to prepare for a “” to be in use by the end of the decade.
Physical money has been around for for good reason. Cash is convenient, reliable and anonymous. It seems unlikely that these could be replicated online. State-backed e-cash might look inevitable to who say money is already digital, pointing to cryptocurrencies and smartphone payments. But central bank digital currencies (CBDCs) are different. A Britcoin would shift the management burden from commercial banks to Threadneedle Street.

After record spikes in anti-Asian hate crime since COVID-19, some advocates continue to work towards positivity, inspired by a new year signifying rebirth and renewal.

and it is imperative that they are protected to preserve Chinese-American history. Chinatowns are sometimes neglected by local governments due in part to their isolated nature. They usually lack ...

The Year of the Dragon is here, and Chicago’s Asian American communities are preparing for a big weekend of Lunar New Year celebrations. In Uptown and Chinatown, community leaders and shop owners are ...

The new Karate Kid has been found. Sony Pictures has cast Ben Wang, best known as the star of Disney+ series American Born Chinese, to star in its latest installment of the coming-of-age martial arts ...

The new Karate Kid has been found. Sony Pictures has cast Ben Wang, best known as the star of Disney+ series American Born Chinese, to star in its latest installment of the coming-of-age martial arts ...

The new Karate Kid has been found. Sony Pictures has cast Ben Wang, best known as the star of Disney+ series American Born Chinese, to star in its latest installment of the coming-of-age martial arts ...

We've found our new 'Karate Kid!' Sony Pictures has cast Ben Wang, best known as the star of Disney+ series 'American Born Chinese,' to star in the latest installment of the coming-of-age martial arts ...

Jackie Chan and Ralph Macchio are both reprising their roles in the upcoming installment of the long-running franchise.

Jackie Chan and Ralph Macchio are both reprising their roles in the upcoming installment of the long-running franchise.It's time for a new Karate Kid to learn how to wax on… and wax off.The next movie ...

A Maryland volunteer service program for recent high school graduates is having a meaningful impact on communities. In Frederick, Tamir Shahid is making an impact as a volunteer at the Asian-American ...

Ben Wang is the next Karate Kid. Wang, who previously starred opposite Michelle Yeoh in the Disney+ series "American Born Chinese," landed the sought-after role after a worldwide search that saw ...