Governor of the Bank of England: Virtual currencies must be regulated

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Bank of England Governor Mark Carey warned on Friday that the cryptomonas market should be regulated to protect the financial system and combat illegal activities, according to Mediafax

Carey said investors in digital coins face the risk of losing money

Governor says digital coins do not yet pose risks to financial stability, but this could change if more people start investing in them.

Several countries have banned or limited the use of cryptomonas, but Carey says regulation would be a better solution

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