CryptoUK Responds to the BoE’s Remarks on Cryptocurrencies Being a ‘Reputational Risk’

The Bank of England (BoE) has issued a letter to the CEOs of banks, insurance companies, and designated investment firms warning them of the ‘reputational risks’ of getting involved with cryptocurrencies. The letter, titled ‘Existing or planned exposure to crypto-assets,’ was written by Sam Woods, deputy governor and CEO of the BoE’s Prudential Regulation Authority […]

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