Mark Carney: BoE Remains Open to Possibility of Central Bank Crypto

Speaking on the future of central banking, Mark Carney says the primary role of banks is maintain trust in money. As for cryptocurrencies, a Bank of England-backed coin is, for now, not being seriously considered because the current volatility inherent in the coins prevent them from being a secure medium of exchange.

At the panel in Stockholm, the BoE governor said the ‘past, present, and the future’ of institutions comes down to maintaining public confidence.

Carney also reiterated that...

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