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app instead?
‘Getting carried away’ with financial innovation.
By Lizzy Burden, Bloomberg
25 May 2021 07:29
Andrew Bailey, Bank of England. Image: Simon Dawson/Bloomberg
Bank of England Governor Andrew Bailey set out further concerns about digital currencies, saying thereâs a danger of âgetting carried awayâ with financial innovation.
âI donât want to be seen as a Luddite,â Bailey said in response to questions in the Treasury Committee in Parliament on Monday. âIâm skeptical about crypto assets frankly because they are dangerous and thereâs a huge enthusiasm.â
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