Today news
About the same in other media
BoE deputy gov: Regulators should pursue crypto as a ‘matter of urgency’
Reading now: 620
Jon Cunliffe, deputy governor for financial stability at the Bank of England, said the risks of a growing crypto market on the financial system are “relatively limited” at the moment but have the potential to grow very rapidly if regulators do not keep pace.
In a speech to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on Oct. 13, Cunliffe said policymakers around the world have only just started to develop the framework needed to properly regulate digital assets but should pursue it “as a matter of urgency.” The deputy governor spoke about the risks that cryptocurrencies and stablecoins may pose when connected to traditional financial systems through individuals, financial institutions, hedge funds and banks.
Given
Read more on cointelegraph.comAbout this in other media
UK FCA grants registration to crypto startup Crypterium cointelegraph.com /3 years ago
Mastercard partners with Bakkt, to offer customers ‘ability to buy, sell, hold crypto’ ambcrypto.com /3 years ago
UK FCA may issue crypto promotion rules, says crypto ‘may offer potential benefits’ ambcrypto.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
