BOE Etches Out New Regulatory Approach to Crypto

As debates continue in the financial world if a regulatory framework should be in place for the cryptocurrency ecosystem globally, the Bank Of England has gone one step ahead to ensure that a regulatory framework is implemented in the cryptocurrency ecosystem in England.
Earlier this month, central Bankers from over 44 countries’ central bankers and financial regulators converged in El-Salvador to discuss regulation and the future of cryptocurrency. Although England was not in attendance, they clearly had a plan up their sleeves.
The Bank of England has announced that it is working on putting …
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