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World / Europe

Bitcoin Could Bring Another Financial Crisis, Bank of England Warns

Published Oct 14 2021 at 8:42 AM GMT
Greek Reporter

Greek Reporter @greekreporter.com

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  • A senior deputy at the Bank of England cautioned on Wednesday that the cryptocurrency Bitcoin could lead to another financial crisis.
  • Deputy governor Sir Jon Cunliffe said that governments must begin to instill stricter regulations on crypto, comparing the volatility of digital currencies to the US sub-prime mortgage bubble that ended in disaster with the.
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  • Published Oct 14, 2021 8:42 AM GMT