Mark Carney's Dollar-Killer Digital Currency Threatens Bitcoin

2019-8-25 16:07

By CCN Markets: Mark Carney wants the US dollar to lose its status as the global reserve currency, pitching the idea that a digital currency could take its place at the Federal Reserve’s annual meeting in Jackson Hole, Wyoming.

This is not the first time that someone is calling for the dollar to die and […]

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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.

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