Bank of England

The Bank of England is a special public law institution of the United Kingdom that performs the functions of a central bank. It organizes the work of the Monetary Policy Committee, which is responsible for managing the country's monetary policy.

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Bank of England deputy governor speaks on possible market meltdown if crypto crashes

The deputy director of the Bank of England, Sir Jon Cunliffe, believes that there is a possibility of a crypto crash which could, in turn, cause a market meltdown. According to the deputy director, a massive plunge in the value of cryptocurrencies, which could bring crypto-assets down to almost zero, is a possible scenario. And as […]