Bank of England Deputy Governor By Cointelegraph
![Crypto poses imminent threat to financial stability: Bank of England Deputy Governor](https://i-invdn-com.investing.com/news/Cryptocurrencies_800x533_L_1556444885.jpg)
According to Sir Jon Cunliffe, the deputy governor for Financial Stability at the Bank of England (BoE), crypto may pose an imminent threat to the traditional financial system.
During a Monday interview with the BBC’s Today program, Cunliffe argued that the rapid growth of digital assets and their integration with traditional financial services could soon pose systemic risks, stating:
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