Jon Cunliffe, a senior official at the Bank of England (BoE), said that cryptocurrencies will evolve over time. financial stability He thinks it might pose a risk to him.
Jon Cunliffe, vice-president for financial stability at the Bank of England, said: may begin to affect traditional markets as well. warned.
Speaking on the BBC’s Today programme, Cunliffe said: “[Kripto paraların] I do not think they pose a risk to financial stability at the moment, but they are growing very fast and are becoming more and more integrated into the so-called traditional financial system.” said.
“Therefore, the stage at which they can start to pose a risk is getting closer. I think regulators and legislators are on top of that. should think hard”
The Bank of England continues to work on the national digital central bank money (CBDC) project, which has not yet been decided whether it will be implemented.
Explaining that they will be in cooperation with the Ministry of Finance within the scope of the studies, Cunliffe said, “The reason we are considering the possibility of issuing a digital version of the Bank of England money is because the way we live, the way we transact is constantly changing.” said.
According to the statement made by the authorities at the beginning of this month, even if the green light is given, the digital pound project Won’t be implemented before 2025.
Image: Bank of England, image modified by Coin Bulletin
