We must set cryptocurrency rules, admits Bank of England

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We must set cryptocurrency rules, admits Bank of England
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City regulators have taken the first step towards creating a British rulebook for cryptocurrencies amid worries that the fast-growing $1.7tr market will eventually pose a threat to the wider financial system

City regulators have taken the first step towards creating a British rulebook for cryptocurrencies amid worries that the fast-growing $1.7 trillion market will eventuallyThe Bank of England’s financial policy committee began to set out its thinking yesterday on how the cryptocurrency sector should be supervised in a move that potentially heralds a turning point for digital assets, which so far have been almost entirely unregulated.

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