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Bank of England warns that virtual coins bring ‘limited’ menace to the English financial segment

Bank of England warns that virtual coins bring ‘limited’ menace to the English financial segment

Financial authorities of the UK noticed that cryptocurrencies, as well as markets and services that involve these coins, sored within the last year. They are integrating into the traditional financial segment.

It is important to say that the Bank of England published its report, mentioning that it saw risks in digital assets. They have a chance to influence the strength of the system.

The Financial Policy Committee identifies, monitors and takes action to exclude or lower systemic dangers with a view to guarding and strengthening the whole segment of the country.

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