Crypto Presents Financial Stability Concerns, Bank of England Deputy Governor Warns

A senior Bank of England official says that crypto could potentially be a threat to overall financial stability. In a new speech, deputy governor Jon Cunliffe weighs the pros and cons of crypto technology. He says that while “a prospect of radical improvements in financial services” exists, current crypto applications present financial stability concerns. “A […] The post Crypto Presents Financial Stability Concerns, Bank of England Deputy Governor Warns appeared first on The Daily Hodl.