UK Central Bank Adviser: Cryptocurrencies Not a Great Concern  

It is pretty obvious why central and commercial banks are not fond of decentralized forms of finance. Giving financial control to the people takes it away from them, along with their fat profits and big banker boss bonuses.

A senior adviser to the Bank of England has stated that cryptocurrencies fail fundamental financial tests and are not high on his list of concerns. Speaking to Bloomberg Huw van Steenis, senior adviser to Bank of England Governor Mark Carney, added that he is ‘not so worried about cryptocurrencies’.

Original source

Add comment

Please Sign in to be able to leave comments.