LONDON (CU)_Since early 2020, the market capitalisation of crypto currencies have grown tenfold to about $2.6 trillion. In the United Kingdom, about 0.1 per cent of households’ wealth is in crypto assets, particularly in bitcoin, the most prominent digital currency. In early November, its value peaked above $67,000, but suffered a thumping earlier this month on account of the Omicron variant of COVID, before stabilising to the current level.
Against this background, the Bank of England joined other central banks across the globe in…
