Bank lending could dry up in crypto-currency economy, warns BoE’s Cunliffe
27 Feb Bank lending could dry up in crypto-currency economy, warns BoE’s Cunliffe
Posted at 17:20h
in
News
by KMFSLLP
The rise of digital currencies
such as Facebook’s Libra could lead to a drying up of
credit flowing into the broader economy, Bank of England Deputy
Governor Jon Cunliffe said on Friday.
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