{"id":3241,"date":"2021-10-13T17:51:36","date_gmt":"2021-10-13T15:51:36","guid":{"rendered":"https:\/\/costops.com\/index.php\/2021\/10\/13\/bitcoin-could-trigger-financial-meltdown-warns-bank-of-england-deputy\/"},"modified":"2021-10-13T17:51:36","modified_gmt":"2021-10-13T15:51:36","slug":"bitcoin-could-trigger-financial-meltdown-warns-bank-of-england-deputy","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/10\/13\/bitcoin-could-trigger-financial-meltdown-warns-bank-of-england-deputy\/","title":{"rendered":"Bitcoin could trigger financial meltdown, warns Bank of England deputy"},"content":{"rendered":"<p>Sir Jon Cunliffe likened danger to 2008 crash and called for tough regulation of cryptocurrencies <\/p>\n<p>A senior Bank of England policymaker has warned that <a href=\"https:\/\/www.theguardian.com\/business\/2021\/jun\/07\/digital-currencies-pose-threat-to-economy-warns-bank-of-england\">digital currencies like bitcoin<\/a> could trigger a financial meltdown unless governments step forward with tough regulations.<\/p>\n<p>Likening the growth of cryptocurrencies to the spiralling value of US sub-prime mortgages before the 2008 financial crash, deputy governor Sir Jon Cunliffe said there was danger financial markets could be rocked in a few years by an event of similar magnitude.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/oct\/13\/bitcoin-could-trigger-financial-meltdown-warns-bank-of-england-deputy\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/18907e409d06f5eb819011eab96600dd1987f42c\/0_0_4500_2700\/master\/4500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=2e56f2d55fbceda75359a1d797f70d5a\" title=\"Bitcoin could trigger financial meltdown, warns Bank of England deputy\" \/>Sir Jon Cunliffe likened danger to 2008 crash and called for tough regulation of cryptocurrencies<br \/>\nA senior Bank of England policymaker has warned that digital currencies like bitcoin could trigger a financial meltdown unless governments step forward with tough regulations.<br \/>\nLikening the growth of cryptocurrencies to the spiralling value of US sub-prime mortgages before the 2008 financial crash, deputy governor Sir Jon Cunliffe said there was danger financial markets could be rocked in a few years by an event of similar magnitude. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sir Jon Cunliffe likened danger to 2008 crash and called for tough regulation of cryptocurrencies A senior Bank of England policymaker has warned that digital currencies like bitcoin could trigger a financial meltdown unless governments step forward with tough regulations. Likening the growth of cryptocurrencies to the spiralling value of US sub-prime mortgages before the &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/10\/13\/bitcoin-could-trigger-financial-meltdown-warns-bank-of-england-deputy\/\"> <span class=\"screen-reader-text\">Bitcoin could trigger financial meltdown, warns Bank of England deputy<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":3242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3241"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=3241"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/3242"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=3241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=3241"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=3241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}