British invasion is here: ready, steady, go. Britcoin is out the corner.

In his opening speech on the UK Fintech Week on Apr 19, 2021, Chancellor of the British Exchequer, Rishi Sunak, announced about creation of the task force to examine the possibility of a UK Central Bank Digital Currency (CBDC). Considering the fact that the UK received $4.1bn of fintech investment in 2020, more than the next five European countries combined, Chancellor claimed fintech as a priority for the government. Since 2020, when Sand Dollar was launched by the Bahamas, the central banks of the larger countries, at last, began to show a genuine interest in digital currencies. There are thousands of reasons they started just now, but Sunak's speech is a substantial mark that tons of the central bank's digital currencies will fall on the investor's heads very soon. Desperately trying to keep on the float and show the Brexit's advantages - real or not - British financial top management does its best to become a leader in a future digital currencies rush. And it will happen very soon. The CDBC could be an icebreaker that can crush so-called stable coin assets. These coin's advantages are the ability to guarantee the value equivalence to fiat currencies. Thereby it is the most popular way to replicate more stable base currencies when trading other crypto assets. But the catch is that the stable coins are difficult to verify and aren't regulated so that CDBC will break this ice. The CDBC activity will protect the industry from shocks like the Wirecard scandal. David Cameron, the ex-UK prime minister, managed to attract everyone's attention by his lobbying on behalf of supply chain finance firm Greensill Capital. One of the CDBC's prerogative will be firmly focused on the ex-politicians friendly relations and their influences in the digital currencies world. We may consider the CDBC creation an excellent try of the UK to get ahead to go back to those "wonderful times" when sterling ruled the world. With a strong possibility, we may assume that Sunak's dream of "Britain rules the digital fintech" has a significant chance to come true. Moreover, CDBC may break the monetary system as we know it. It can transform it into multi-lateral, thereby crushing the fiat system based on the US dollar. Who knows whether CDBC will play on China's side with its e-renminbi, but we should be ready for various scenarios.