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Bank of England to take on global rules regarding banks and crypto assets.

Bank of England to take on global rules regarding banks and crypto assets.


Coinnounce
2021-09-24 02:50:40

The Deputy Governor of the Bank of England, Sam Woods, stated that his country would be the first to take on global rules regarding banks and crypto assets. This would be in avoidance of Britain’s banks gaining major exposure to crypto assets without sufficient capital backing. The central bank would front-run rules from the Basel Committee on capital […]


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