During a speech at the inaugural Scottish Economics Conference on March 2, 2018 Governor of the Bank of England Mark Carney warned of the financial risks of purchasing and owning cryptocurrencies, and discussed how they are becoming an increasingly
large threat to financial stability in the UK.
Not exact matches
A study by HSBC, a
large British bank, found an immense
threat to global
financial stability from stranding unburned fossil fuels.
On the other hand, Brainard argued that cryptocurrencies were unlikely
to «pose a
threat to financial stability,» given that the assets are not commonly used in payments and there is little evidence that investors have borrowed
large amounts of money
to invest in them.