News

BOE Forms New Regulatory Approach to Crypto



The Bank of England is working on a strict regulatory framework for crypto assets. The Bank of England announced these plans as part of its efforts to prevent the risks to financial stability that the rapid growth of cryptocurrencies could cause. 
The global crypto sector flourished in 2021, with the total market cap for the sector growing by 187.5%. There are currently more than 17,000 crypto assets tokens in circulation.
While recognizing the benefits of crypto such as low transaction costs and more choices for users, BOE emphasized the need for effective public policy …
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

BOE Forms New Regulatory Approach to Crypto

BOE Forms New Regulatory Approach to Crypto

The Bank of England is working on a strict regulatory framework for crypto assets. The Bank of England announced these plans as part of its efforts to prevent the risks to financial stability that the rapid growth of cryptocurrencies could cause. 

The global crypto sector flourished in 2021, with the total market cap for the sector growing by 187.5%. There are currently more than 17,000 crypto assets tokens in circulation.

While recognizing the benefits of crypto such as low transaction costs and more choices for users, BOE emphasized the need for effective public policy …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.




Source link

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button