Governor of the Bank of England Mark Carney said that the crypto currency is often used for money laundering and other illegal activities. The statement was made when he spoke about the need to make the process of trade more transparent.

As reported by Bloomberg , Carney, during a speech before the legislative committee of the British Parliament, said:

“Often crypto currency is used for illegal activities, and especially money laundering. Any crypto currency can potentially close the chain of illegal activities. You do not have transactional anonymity in the banking sector, why are you crypto currency for transactions? “.

In this speech, Karni did not mention the plans of the Bank of England, which was already preparing to create its own crypto currency. These plans were set out in a working paper published last year