Bank lending could dry up in crypto-currency economy, warns BoE’s Cunliffe
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.
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.
Posted by Reuters
