The Chief Cashier of the Bank of England supports the idea of issuing the digital pound.

   Sarah John, who is in charge of issuing banknotes at the Bank of England, supported the idea of state crypt currency and noted that central banks should develop rapidly in this direction.

The Bank of England has not yet officially confirmed its plans to issue the digital pound, but Sarah John, chief cashier of the British Central Bank, supported the idea. She argues that it is "crucial" for central banks to participate in the race for the release of the stealcoins, otherwise they will lose to technological conglomerates. John told The Telegraph:

"It is absolutely right that central banks are thinking about who will ensure the circulation of digital currency in the future".

The global race to release government crypt-currency has accelerated significantly since Facebook announced plans to release the Libra sticky note. According to John, it is vital that central banks find the right balance for healthy private sector participation in the production of sticky-cards. She called on the Bank of England to take urgent action to ensure its future monetary and financial stability, she said:

"As a financial institution, we need to think about how to position ourselves to ensure that society still has a wide range of payment solutions that it can use with confidence. Technology is developing very rapidly, so central banks are very vigilant about the fact that they risk passing full control over money management to the private sector".

John is not alone concerned about the growing threat from technology companies and the private sector. In the middle of the month, Jerome Powell, chairman of the Federal Reserve Board of Governors, said that Libra's announcement gave the impetus to start active work on the digital dollar.

Mark Carney, Governor of the Bank of England, said last year that the U.S. dollar, which is a global reserve currency, should be replaced with a digital currency, similar to Libra. In general, more and more central banks are thinking about issuing their own crypt currency. The other day, representatives of ten central banks discussed state cryptov currencies at a conference in Kyiv.