Andrew Bailey

Bank of England says Bitcoin Unreliably Volatile as Legal Tender

BoE Governor: Bitcoin Is Too Volatile to Serve as Legal Tender

Andrew Bailey, the governor for the Bank of England shared his concerns about El Salvador’s adoption of Bitcoin as legal tender. El Salvador recently decided to make

Bitcoin

The Governor of the Bank of England says that Bitcoin is ‘inefficient’ and ‘not taking off’ as a financial service. Speaking before MPs today, Andrew Bailey and other Bank

Bank of England’s Governor Expresses Concerns on El Salvador’s

Bitcoin’s current dump to $54k has made the Bank of England (BOE) question its adoption. The Governor, Andrew Bailey, said that El Salvador’s choice to adopt

Bank of England Governor Andrew

Bank of England boss: 'Inefficient' bitcoin ‘not taking off’ as

Bitcoin too volatile to be adopted as legal tender, says BoE chief

Bank of England Governor Andrew Bailey said he believes that cryptocurrencies are not a reliable method of payment, highlighting their high volatility in

Andrew Bailey

Andrew Bailey, the governor of the Bank of England (BoE) has raised concerns over El Salvador's step of legalising Bitcoin as a legal tender. The bank chief has

Cryptocurrencies Are Too Volatile to Be Used for Payment, BoE

El gobernador del Banco de Inglaterra, Andrew Bailey, ha expresado su preocupación por la adopción de Bitcoin en El Salvador como moneda de curso legal después

Bank of England

Bank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin (BTC) as legal tender after President Nayib Bukele announced

Bitcoin es demasiado volátil para ser adoptado como moneda de

Bank of England (BoE) Governor Andrew Bailey has expressed dismay at the rationale that birthed the legalization of Bitcoin in El Salvador.

Bank of England Chief: Bitcoin Too Volatile to Be Adopted as a