Britain Rethinks Cash in Race Osborne Can't Afford to Lose

Chancellor wants U.K. to become global center for fintech
Technology behind digital currencies seen as growth industry

George Osborne, U.K. chancellor of the exchequer. — George Osborne, U.K. chancellor of the exchequer.
Photographer: Simon Dawson/Bloomberg

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By Scott Hamilton and Jill Ward

March 15, 2016 at 8:01 PM EDT

Updated on

March 16, 2016 at 6:13 AM EDT

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Mark Carney was in charge of the Bank of England for only about 10 weeks before he started experimenting with money.

QuickTake Cyber Currencies

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Before it’s here, it’s on the Bloomberg Terminal