The UK’s central bank, the Bank of England, made it very clear on Tuesday that they do not want you to refer to the country’s CBDC as ‘Britcoin.’
British and international press — including CNN, ABC News, The Guardian, The Daily Mail, and others — have adopted the term. Its resemblance to the term ‘Bitcoin’ has the bank’s deputy governor worried the UK public would make unfavorable comparisons.
“The digital pound can be confused in people’s minds with crypto assets such as bitcoin. I should take this opportunity to correct this misapprehension. Indeed, nothing could be further from the truth,” said Jon Cunliffe. Most cryptocurrencies are “highly speculative” and have “no intrinsic value.”
However, it is unlikely the UK press will completely drop the term, despite the BoE’s complaints.
Source: https://beincrypto.com/britcoin-cbdc-nothing-like-crypto-say-boe/