Today news
About the same in other media
24.11 - 20:15
BoE exec flags cryptos and its ‘risks,’ again
Reading now: 667
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
Bank of England bosses say banks don’t need to worry about Britcoin fnlondon.com /2 years ago
UK employers step up demand for workers vaccinated against Covid theguardian.com /2 years ago
Ethereum Fee Debate Heats Up as Avalanche Enters and Exits Top 10 cryptonews.com /2 years ago
Show more
The website finance-news.co 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.
![Avalanche [AVAX]: Can incoming demand flip market’s bearish bias](https://finance-news.co/storage/thumbs_400/img/2022/2/22/15065_wksk.jpg)
