Bank of England warns on crypto-currency risks

Bank of England warns on crypto-currency risks

Although not much of UK households’ wealth is currently held in assets such as Bitcoin, they are becoming more mainstream, said deputy Bank governor Sir Jon Cunliffe. If their value fell sharply, it could have a knock-on effect, he said. The Bank needed to be...
Global food prices hit fresh 10-year high, UN says

Global food prices hit fresh 10-year high, UN says

Although not much of UK households’ wealth is currently held in assets such as Bitcoin, they are becoming more mainstream, said deputy Bank governor Sir Jon Cunliffe. If their value fell sharply, it could have a knock-on effect, he said. The Bank needed to be...
G20 finance ministers back deal to tax companies

G20 finance ministers back deal to tax companies

Although not much of UK households’ wealth is currently held in assets such as Bitcoin, they are becoming more mainstream, said deputy Bank governor Sir Jon Cunliffe. If their value fell sharply, it could have a knock-on effect, he said. The Bank needed to be...