• Fintech

Bank of England to beef up Britcoin headcount as digital pound moves closer

The Bank may hire as many as 30 more people and is considering other products aimed not just at consumers but institutions like banks

'We are focused on the skills we need to add, but we are going to need a chunk of people'

Grundini for FN

The Bank of England will significantly bolster its staff developing a digital pound after a consultation on the project closes later this year.

Tom Mutton, director of the Bank’s central bank digital currency operation, told Financial News he wants to hire as many as 30 people as it moves into the design phase of a potential Britcoin in the...