british bankers association

A recent report published by the British Bankers’ Association states that growing popularity of various cryptocurrencies is going to jeopardize ‘revenue streams of the traditional banking system.’

Facebook’s GlobalCoin Cryptocurrency Likely to Arrive This June
June 6th, 2019

Facebook is reportedly collaborating with third-party organizations to act as “nodes” and maintain their GlobalCoin cryptocurrency network through proper licensing procedures.

‘Cryptocurrencies are the Risks for Banks,’ Says British Bankers’ Association
March 27th, 2015

A recent report published by the British Bankers’ Association states that growing popularity of various cryptocurrencies is going to jeopardize “revenue streams of the traditional banking system.”

Bitcoin is Threat to Sterling and May Aid Terrorists, Warn UK Banks
January 19th, 2015

The major UK banks warned bitcoin could negatively impact the financial system and currency in a submission to the UK Treasury.