Today news
About the same in other media
BoE exec flags cryptos and its ‘risks,’ again
Reading now: 955
ambcrypto.comLooks like private cryptocurrencies are unable to ensure the English regulators of their benefits over their potential risks. In a recent BBC programme, Jon Cunliffe, Deputy Governor of Financial Stability, raised more concerns around crypto.
The member of the Bank of England’s rate-setting committee said,
“The point at which [crypto assets] pose a risk is getting closer. I think regulators and legislators need to think hard about that.”
Just a while back, Bank of England Governor Andrew Bailey had raised concerns about crypto-assets potentially helping illegal activity. He had reportedly claimed that its widespread acceptance as a “form of payment” is also helping criminals and scammers.
Last month, Sir Jon Cunliffe had explained in a speech
Read more on ambcrypto.comAbout this in other media
Cryptocurrency regulation: Is banning cryptos a logical solution? Experts discuss cnbctv18.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.
