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Bank of England Governor: Crypto Integration Is Slowing Down | FinOracle

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Home Cryptocurrency

Bank of England Governor: Crypto Integration Is Slowing Down

Bank of England governor Andrew Bailey has called for regulators to closely monitor the cryptocurrency sector as its integration into mainstream finance slows. Bailey highlighted the inefficiencies of using bitcoin as a payment method and noted that cryptocurrencies have not become a core financial service.

by John Darbie
Thu, Jan 11, 2024 5:09am
in Cryptocurrency
• 3 mins read
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Bank of England Governor: Crypto Integration Is Slowing Down | FinOracle

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Slow Integration: Bank of England Governor Observes Cryptocurrency Losing Momentum

The mainstream integration of cryptocurrency is getting sluggish, Andrew Bailey, Bank of England governor, said Wednesday (Jan. 10).

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