Bank of England slams cryptocurrencies & English Channel standoff at sea

8 May, 2021 06:15

The head of the Bank of England has slammed cryptocurrencies as the financial technology has gained steam during the pandemic. Boom Bust’s Christy Ai analyzes the recent statement and the adoption of digital payment systems. Plus, France and the UK are at odds on the sea as the two nations deploy their navies over a fishing dispute. Hilary Fordwich of the British-American Business Association brings us up to speed on the dispute and the many factors driving the issue. And later, we look at the recent controversy surrounding messaging app Signal and its effort to slam Facebook’s privacy record. RT America’s Sayeh Tavangar and Boom Bust’s Ben Swann break down the situation and the future of Facebook’s WhatsApp.

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