Today news
About the same in other media
BoE’s Cunliffe warns of ‘VHS vs Betamax’ battle in payments as crypto threatens industry
Reading now: 162
fnlondon.comCross-border payments are lagging other financial services, and upstarts face major hurdles in developing more accessible payments networks, deputy Bank of England governor Sir Jon Cunliffe said.
“When we tackle [payment] frictions, we don't just have to tackle the constraints that our infrastructure and regulation create for incumbents who provide cross-border payment systems and services,” he told the Bank for International Settlements’ Innovation Summit. “We also have to tackle the barriers to entry that new players face.”
Read more on fnlondon.comAbout this in other media
A $625 million-heist has left crypto community baffled! economictimes.indiatimes.com /2 years ago
The Best Cryptocurrencies for April: Acrana (ACR), Solana (SOL) and Avalanche (AVAX)? cryptonews.com /2 years ago
More than Bitcoin: 7 New Altcoins Added To Nebeus Crypto-Backed Loans 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.
