Bank of England: Negotiations on the regulatory framework for digital asset payment systems will be held next year

According to The Block, Jon Cunliffe, deputy governor of the Bank of England, said that he does not think that financial risks can be effectively managed through the code of DeFi, and it is impossible to know who is really controlling the governance of the agreement. Jon Cunliffe said that next year there will be consultations on the regulatory framework for digital asset payment systems, in addition to the British Treasury will also discuss how to extend investor protection, market integrity and other regulatory frameworks covering the promotion and trading of financial products to activities involving encrypted assets Consult with entities.