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Bank Of England Officials Warn That Central Banks May Lose Payments Race To Tech Companies
Summary: Sarah John, the Bank of England’s (BoE) chief cashier, has expressed opinions that favor cryptocurrency, according to a report from The Telegraph. John has urged central banks to consider developing central bank cryptocurrencies as a response to recent moves from private companies’ in the digital payments sector. The BoE has officially warned that without action, ...
Sarah John, the Bank of England’s (BoE) chief cashier, has expressed opinions that favor cryptocurrency, according to a report from The Telegraph.
John has urged central banks to consider developing central bank cryptocurrencies as a response to recent moves from private companies’ in the digital payments sector. The BoE has officially warned that without action, regulators might be forced to play catch-up with private companies in the arena of digital payments.
By Ramsey Baker
Tags: Bank of Englang,Cryptocurrency,Sarah John
Link: Bank Of England Officials Warn That Central Banks May Lose Payments Race To Tech Companies [Copy]
