Cryptocurrencies ‘Failing’ as Money: Bank of England Governor

Updated: 21 August 2021

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Bank of England Governor Mark Carney has doubled down on his recent criticisms of criticisms of cryptocurrencies, arguing Friday that they are “failing” in their quest to fulfill the roles of money. Cryptocurrencies ‘Failing’ as Money: Bank of England Governor Carney, who also serves as the Chairman of the G20’s financial stability board, made this

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Josiah Wilmoth

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Cryptocurrencies ‘Failing’ as Money: Bank of England Governor

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