As the world becomes increasingly digital, traditional gifting practices are evolving to incorporate the latest technological advancements. The rise of cryptocurrencies has sparked a new wave of innovation in the gifting industry, and Codego is leading the way. With its groundbreaking launch of crypto gift cards, Codego is revolutionizing the way we give and receive gifts. These gift cards offer a unique and convenient solution, bridging the gap between traditional gifting and the world of digital assets. Unveiling a New…
Credit Issuance
Crypto Adoption May End Bank Credit Issuance, BoE Official Warns
The deputy governor for the Bank of England (BoE), Jon Cuncliffe, warned that the crypto economy’s exponential growth might weaken or end bank credit issuance. Cuncliffe pointed out this while delivering a speech at the London School of Economics on the 28th of February. Cuncliffe stated that BoE’s role is to ensure that the UK’s money works safely and reliably. The BoE official predicted that the integration of stablecoins on social media platforms, including the Libra project, could result in…
3 years ago 584 views