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Bank Of England Reopens The Possibility Of Bank-Run Cryptocurrency


xtinepink

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The Bank of England already mentioned early this year about a bank crypto but I guess now it turned around. 

The bank is now considering a central bank-issued cryptocurrency. Also it says that the consumers/clients will be selecting its cryptocurrency and close their commercial bank accounts, wreaking havoc on the financial system.

what are your thoughts to this one? 

You can check more of that here

 

Source: 

https://www.ccn.com/bank-of-england-reopens-the-possibility-of-bank-run-cryptocurrency/

 

  • 1 month later...
Posted
On 5/29/2018 at 9:44 AM, xtinepink said:

The Bank of England already mentioned early this year about a bank crypto but I guess now it turned around. 

The bank is now considering a central bank-issued cryptocurrency. Also it says that the consumers/clients will be selecting its cryptocurrency and close their commercial bank accounts, wreaking havoc on the financial system.

what are your thoughts to this one? 

You can check more of that here

 

Source: 

https://www.ccn.com/bank-of-england-reopens-the-possibility-of-bank-run-cryptocurrency/

 

Nice to hear this hopefully it becomes true rather than  a possibility

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