The head of the Bank of England attacked crypto-currencies

Mark Carney again negatively responded to the crypto-currencies.

The head of the Bank of England, Mark Carney, conducted a "caustic attack" on crypto-currencies at the Scottish Economic Conference in Edinburgh.

"The prices for many crypto-currencies demonstrate the classic distinctive features of bubbles, including new paradigm substantiation (development), expansion of retail enthusiasm and conflicting price expectations, partly dependent on the search for a bigger" fool, "the banker said.

The chief English banker does not like crypto currency

"Currently, crypto-currencies create a lot of problems related to protecting the interests of consumers and investors, the integrity of the market, money laundering, financing of terrorism, tax evasion and bypassing control over capital and international sanctions," Mark resented.

The head of the Bank of England called for the regulation of crypto-currencies, bringing them to the standards of the existing financial system, reports Dailymail.

Recently, recall, Mark Carney noted that Bitcoin did not become a currency, failing in comparison with conventional money.

Author: Evgenij Novožilov, Analyst Freedman Club Crypto News

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