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BOE’s Carney Calls for Rules to End Cryptocurrency Anarchy

  • Says Bitcoin volatility shows problems with virtual coins
  • He rejects chances of central-bank issued crypto in near term
Bloomberg business news
Cryptocurrencies "point the way in many respects to the future of money," Carney said in his speech.Source: Bloomberg
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Mark Carney is calling for greater regulation to bring the era of cryptocurrency “anarchy” to an end.

“The time has come to hold the crypto-asset ecosystem to the same standards as the rest of the financial system,” the Bank of England governor said Friday in a speech at Bloomberg’s European headquarters in London.