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Published 2 years ago

Bank of England: Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks – Regulation Bitcoin News

Summary by Ground News
Bank of England says extreme volatility in the crypto market underscores the need for enhanced regulatory and law enforcement frameworks. The British central bank has warned that crypto prices could fall further. The market cap of all cryptocurrencies currently stands at about $1 trillion. It was nearly $3 trillion at its peak in November last year.

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