Bank of England's Bailey Calls Crypto-Currencies 'Dangerous' all while being accused of taking part in a government scheme targeting small businesses. They dont really think crypto is a scam, they are just afraid it will take our their monopoly.

Here are the Sources for my claimes:

Bank of England's Andrew Bailey Calls Crypto-Currencies 'Dangerous' (US NEWS):

https://www.usnews.com/news/technology/articles/2021-05-24/bank-of-englands-bailey-calls-crypto-currencies-dangerous

Bank of England governor Andrew Bailey asked to explain role in scheme linked to RBS scandal. Andrew Bailey helped to design government scheme accused of pressuring bank’s infamous restructuring unit to foreclose on small businesses(Independent UK):

https://www.independent.co.uk/news/business/andrew-bailey-bank-england-rbs-grg-b1817573.html