Bank of England: Crypto crashes show need for tougher rules

Bank of England: Crypto crashes show need for tougher rules

2 years ago
Anonymous $dy9SWuvIkX

https://apnews.com/62af1447c206d3ec8f0bd77a24d14c98

LONDON (AP) — The Bank of England warned Tuesday that recent cryptocurrency meltdowns that wiped out more then $2 trillion in value highlight the need for tougher financial regulations

The U.K.'s central bank said that the crashes exposed vulnerabilities in the crypto markets reminiscent of previous bouts of financial turmoil.