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Bank of England Governor Warns Crypto Is Providing Means of Payment for Criminals

Bank of England Governor Warns Crypto Is Providing Means of Payment for CriminalsBank of England Governor Andrew Bailey has warned that crypto assets are providing another means of payment for people who want to conduct criminal activity. Bank of England Governor Andrew Bailey Sees Crypto Helping Criminal Activities The governor of the Bank of England, Andrew Bailey, said during an online question-and-answer session organized by the British […]

Investor loses $71 million in WBTC, tricked by poisoned address

Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency Regulation

Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency RegulationBank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free pass to ignore the public interest. The odds of such an approach not ending well are too high,” the governor said. Bank of England’s Bailey […]

Investor loses $71 million in WBTC, tricked by poisoned address

Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’

Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous.” Andrew Bailey Remains Sceptical About Cryptos “Crypto-assets,” as the central bank’s official labels bitcoin and […]

Investor loses $71 million in WBTC, tricked by poisoned address

ECB Chief Lagarde: Cryptocurrencies Prone to Money Laundering, No Intrinsic Value, Buy if Prepared to Lose all Money

ECB Chief Lagarde: Cryptocurrencies Prone to Money Laundering, No Intrinsic Value, Buy if Prepared to Lose all MoneyThe president of the European Central Bank (ECB), Christine Lagarde, warned that cryptocurrencies are prone to money laundering. She agrees with the governor of the Bank of England, Andrew Bailey, who recently said that cryptocurrencies have no intrinsic value and investors should be prepared to lose all their money if investing in them. ECB Chief […]

Investor loses $71 million in WBTC, tricked by poisoned address