Carney On Eve of G20: Cryptos Don’t Pose Risks to Financial Stability
A group of central bank regulators and government ministers said Sunday that cryptocurrencies don't pose a risk to global financial stability.
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.
Mark Carney's recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.
The working group will pool research into CBDCs.
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.
Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.