Bank England considers that the collapse of Cryptocurrency demands toughening of rules

London. information agency "Kazinform" – Bank England reported that the recent collapse of Cryptocurrency destroyed more than 2 trillion dollars and demands toughening of financial regulation of this market, transfers International information company "Kazinform" with reference to the edition TV channel "ABC News". In the last report banks are said about financial stability that extreme volatility in the cryptomarkets, including so-called stable coins, brought to "fire sales" and strengthened falling of the prices. Though the general financial stability was not under the threat, bank is concerned that "system risks" will grow in process of integration of Cryptocurrency in a financial system...