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Crypto poses imminent threat to financial stability: Bank of England Deputy Governor
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Sir Jon Cunliffe, the Deputy Governor for Financial Stability at the Bank of England (BoE) crypto may pose an imminent threat to the traditional financial system.
During a Nov. 15 interview with the BBC’s “Today” program, Cunliffe argued that the rapid growth of digital assets and their integration with traditional financial services could soon pose systemic risks, stating:
“So the point at which they pose a risk is getting closer. I think regulators and legislators need to think very hard about
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