The Daily Hodl
2022-12-27 19:45:45

Crypto Has Grown Outside of Regulatory Oversight but Has No Intrinsic Value, Says Bank of England Deputy Governor

The Deputy Governor of the Bank of England, Sir Jon Cunliffe, says that the collapse of the FTX exchange has exposed the vulnerabilities of crypto assets. In a Sky News interview, Sir Cunliffe says that crypto assets have existed in a regulatory vacuum over the last decade. “I think what it [the collapse of FTX] The post Crypto Has Grown Outside of Regulatory Oversight but Has No Intrinsic Value, Says Bank of England Deputy Governor appeared first on The Daily Hodl .

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