Governor of the Central Bank of England: “Cryptocurrencies are a “hotbed” for crimes”
The Governor of the Bank of England, Andrew Bailey, believes that cryptocurrencies create conditions for the development of crime, so he called on regulators to tighten the fight against cryptocurrency fraud. This was stated by Andrew Bailey at the Stop Scams conference organized by the Central Bank this week. Bailey called cryptocurrencies the new “front line” in criminal scams, which are increasingly used by hackers, scammers and other wrongdoers. Bailey urged banks, technology companies and…