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BOE Taps Banks for Funds to Increase Scrutiny of Crypto Assets

  • U.K. banking regulator concerned about risks in growing market
  • Crypto is now bigger than subprime mortgages before crisis
Key Speakers At The Chainalysis Links Conference
Photographer: Luke MacGregor/Bloomberg

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Britain’s banking regulator will tap the commercial institutions it oversees for funds that will help it hire staff to track risks including the growing crypto market.