The Bank of England thinks about Blockchain
Channel: KCN News
Date: 2018-02-13

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The blockchain technology as the basis of the crypto industry, provides the widest opportunities, according to the Bank of England. At the forthcoming meeting of the G20, Great Britain is going to participate in the consideration of the application of digital currencies and their integration into the formal financial system. At the summit, the issue of converting bitcoin into major world currencies — the pound sterling and the dollar — will be discussed. The head of the Bank of England, Mark Carney says that although cryptocurrency transactions can be used for money laundering, it is necessary to support investors in the digital currency market, as well as to implement the state program for legalization and identification of participants in the crypto market.

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