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BoE’s Bailey tells banks to be ‘especially cautious’ with crypto

BoE’s Bailey tells banks to be ‘especially cautious’ with crypto

© Reuters. FILE PHOTO: Bank of England Governor Andrew Bailey in London, Britain February 25, 2019. Kirsty O’Connor/Pool via REUTERS By Huw Jones LONDON (Reuters) -Bank of England Governor Andrew Bailey warned banks and other regulated financial firms on Monday that they should be “especially cautious” about holding volatile cryptoassets until regulators put new rules…

G7 is concerned about China’s ‘coercive’ economic policies

G7 is concerned about China’s ‘coercive’ economic policies

© Reuters. British Foreign Secretary Liz Truss attends the G7 summit of foreign and development ministers at the Museum of Liverpool, in Liverpool, Britain, December 12, 2021. REUTERS/Phil Noble/Pool LIVERPOOL, England (Reuters) – The Group of Seven major industrialized countries are concerned about the “coercive” economic policies of China, British Foreign Secretary Liz Truss said…