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The Daily Hodl 2023-07-12 18:45:46

Bank of England Governor Blasts Bitcoin (BTC) and Stablecoins, Touts Other Forms of Digital Money

Bank of England’s governor Andrew Bailey says that crypto assets have various limitations that prevent them from being used in the existing financial system. In a speech delivered earlier this week, Bailey says that crypto assets such as Bitcoin (BTC) and stablecoins fail to qualify as money. “Let me move on to crypto assets, as The post Bank of England Governor Blasts Bitcoin (BTC) and Stablecoins, Touts Other Forms of Digital Money appeared first on The Daily Hodl .

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