Anne Boden, founder and CEO of British neobank Starling Bank, has said that digital currencies pose a security threat to the global payment infrastructure, CNBC reports.
During the Money 20/20 fintech conference held in Amsterdam,sShe has said:
“It’s very dangerous.”
The CEO of Starling Bank has also reminded about fraud in the industry. According to her, it takes more time to protect clients than to promote cryptocurrencies.
Boden has doubted that Starling would start offering digital assets in the next couple of years. She has stressed that companies associated with the industry have a lot to make up for in the fight against money laundering.