Post
Topic
Board Altcoin Discussion
Re: Bank of England warns against Cryptos
by
arkawa040
on 02/07/2018, 19:09:21 UTC


The Bank of England sent a clear warning:

Sam Woods, the Bank of England deputy governor responsible for financial supervision said that “in their short history, crypto-assets have exhibited high price volatility and relative illiquidity.”

Writing in a letter to the chief executives of banks and insurers he said: "Crypto-assets also raise concerns related to misconduct and market integrity – many appear vulnerable to fraud and manipulation, as well as money-laundering and terrorist financing risks.”

https://www.express.co.uk/finance/city/981330/Bitcoin-price-barclays-ripple-cryptocurrency-ethereum-BTC-to-USD-XRP-news
Banks are beginning to feel fear of cryptocurrency))) know that soon the banks on the blockchain will come out) imagine a new platform where you can get a loan in France from a Bank in Australia! what competition they will have, so they warn!