Bank of England governor issues crypto investment warning

Cointelegraph

Published May 07, 2021 07:42AM ET

Updated May 07, 2021 09:20AM ET

Andrew Bailey, governor of the Bank of England, has warned crypto investors of the dangers of participating in the market.

Speaking during a conference on Thursday, Bailey balked at the notion of “cryptocurrencies,” stating that “crypto assets” was a more suitable nomenclature for describing digital currencies.

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