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Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment

The governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practical means of payment. His…

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Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’

The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask…

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Bank of England Governor Warns Crypto Is Providing Means of Payment for Criminals

Bank of England Governor Andrew Bailey has warned that crypto assets are providing another means of payment for people who want to conduct criminal activity. Bank of England Governor Andrew…

Continue ReadingBank of England Governor Warns Crypto Is Providing Means of Payment for Criminals