MONEYWEB
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
INSIDERGOLD
Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.
Crypto Assets Both Dangerous and Drawing Enthusiasm, BOE Says bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.