Bank of England governor Mark Carney stated in a letter to representatives of the G20 that cryptocurrencies do not pose any possible threat to the financial market. Carney, being a chairman of the Financial Stability Board (FSB), rejected the perspective of putting regulation on digital currencies, such as Bitcoin.
"The FSB's initial assessment is that crypto-assets do not pose risks to global financial stability at this time," – Mr Carney said in a letter to G20 central bankers who will meet in Buenos Aires this week.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/cryptocurrencies-dont-pose-risk-to-global-financial-market/