According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto, stablecoins, and digital currencies.” Furthermore, the digital pound — also known as britcoin — can potentially “make payments faster, more secure, and less expensive.” The Digital Pound’s Benefits Versus Its Vulnerabilities Nikolay Denisenko, a Revolut alumnus, nevertheless warned that britcoin just like any other central bank digital currency (CBDC) may be susceptible to cyberattacks. He also highlighted the public’s concerns over the digital pound project’s rumoured cost of $1.31 billion versus the benefits which the CBDC is expected to bring. Meanwhile, when asked about the probability of the U.S. Securities and Exchange Commission (SEC) approving asset management giant Blackrock’s Bitcoin exchange-traded funds (ETF), Denisenko highlighted Blackrock
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