Bank of Englands deputy governor says banks have to adjust to digital currencies.
Speaking during an online seminar, the Bank of England deputy governor Sir Jon Cunliffe stated BoE would not protect commercial banks against the impact of digital currencies. Instead, these banks must adjust to the emergence of digital currencies and find a way to stay relevant. Cunliffe acknowledged that cryptocurrencies could change the financial industry in […]
Link to full news Article: Bank of Englands deputy governor says banks have to adjust to digital currencies.
