Cryptocurrencies
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
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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.