Crypto poses imminent threat to financial stability: Bank of England Deputy Governor

Post author:MiamiCrypto
Post published:November 16, 2021
Post category:Bank of England / CBDC. UK CBDC. / Crypto FUD / Sir Jon Cunliffe / Traditional Finance

Bank of England’s Sir Jon Cunliffe has urged British lawmakers to think “very hard” about the disruption integrating cryptocurrency with traditional finance could wreak.

You Might Also Like

Bank of England raises interest rates to 3%, largest jump in 33 years

Bank of England Suspends Tightening Policy as Pound Nosedives — Central Bank to Start Purchasing Long-Dated UK Government Bonds

Bank of England Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework