BOE Chief Economist Andy Haldane warns on danger of cryptocurrency investment

Author: Eamonn Sheridan | Category: Cryptocurrency

Bloomberg report on comment from the Bank of England's Andy Haldane

  • consumers should be aware of the "danger" of investing in cryptocurrencies
  • cryptos don't pose major threat to financial stability
  • "They are not yet of a scale -- less than 1% of global wealth -- that would lead us to conclude they pose a system wide threat. They won't bring down the banks"

I dunno where or when the comments made (added .... Reuters  say its a it's a BBC TV interview)

BTC  price update:

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