Thursday, November 25, 2021

El Salvador’s adoption of bitcoin a concern, says Bank of England chief Andrew Bailey

El Salvador’s adoption of bitcoin a concern, says Bank of England chief Andrew Bailey Governor Andrew Bailey said Bitcoin is “too volatile” and the Bank of England is studying whether to create its own digital currency

from Moneycontrol Business News https://www.moneycontrol.com/news/business/el-salvador’s-adoptionbitcoinconcern-says-bankengland-chief-andrew-bailey_15811881.html

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...