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A British central banker noticed that cryptocurrencies are means of payment for fraudsters

A British central banker noticed that cryptocurrencies are means of payment for fraudsters

Andrew Bailey noticed during an online Q&A session held by the British central bank that the development of the cryptocurrency segment is supporting illicit actions.

He also warned about different aspects of digital assets on several occasions. Bailey noticed that he is sceptical about virtual coins and believes that they urge a huge enthusiasm, but they still remain dangerous.

A British central banker informed the audience that cryptocurrencies should be used only “if you’re prepared to lose all your money.”

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