Browsing: Bank of England

Crypto assets ‘could threaten’ financial system

The rapid evolution of crypto assets such as bitcoin may one day make them a threat to the financial system, Mark Carney, chairman of the Financial Stability Board, said in a letter to Group of 20 finance leaders. “Wider use and

US, UK in cyber war games

The financial institutions of the City of London and Wall Street are to take part in a series of “war game” exercises aimed at testing their resilience to cyberattack. The announcement comes as British Prime Minister David Cameron travelled to the White House to