Extend Existing Standards to Crypto Before Sector Threatens Stability, Not After, Urges BOE's Cunliffe

2022-9-28 16:18

Cunliffe listed ways the technology that underlies crypto could make traditional asset trading more efficient, but added it did not mean regulators should ignore the risks.

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Cryptocurrency Regulation Should Be “Pursued As A Matter Of Urgency,” Says BoE Governor

The collapse of crypto “is certainly a plausible scenario,” says Jon Cunliffe due to “the power of herd behaviour,” as one of the reasons, much like the $1.2 trillion sub-prime market. The post Cryptocurrency Regulation Should Be “Pursued As A Matter Of Urgency,” Says BoE Governor first appeared on BitcoinExchangeGuide.

2021-10-14 18:57