BOE Says Crypto Market Is Too Dangerous to Remain Unregulated

BOE Deputy Governor Jon Cunliffe

Photographer: Hollie Adams/Bloomberg
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The Bank of England said it plans to step up its effort to regulate trading in digital currencies, after the collapse of the exchange FTX underscored the dangers the industry poses to consumers.

Read more: BOE Says Crypto Needs Tougher Rules After $2 Trillion Drop