The CEO of the British bank Starling believes that digital currencies can pose a threat to traditional financial payment systems.
During the Money 20/20 conference, the head of the bank with a capitalization of $ 3.1 billion, Anne Boden (Anne Boden) emphasizedthat cryptocurrencies are too often associated with fraud. According to her, Starling “spends much more effort on fighting fraud than on promoting digital assets.”
There are also significant anti-money laundering issues, so Starling is unlikely to offer its customers a job with cryptocurrencies in the next couple of years, says Boden:
“Cryptocurrencies are dangerous for payment systems. Many crypto wallets are connected directly to payment systems. And that could threaten the security of existing systems around the world.”
Boden has previously issued a warning about the high number of scams in the cryptocurrency space. In the spring of last year, Starling even limited the deposits of its clients to cryptocurrency platforms, but later returned this opportunity.
Source: Bits
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