Starling CEO Anne Boden.
Harry Murphy | Sportsfile for Web Summit via Getty Images
AMSTERDAM — The boss of Goldman Sachs-backed digital bank Starling has doubled down on criticisms of crypto, calling digital currencies a threat to the safety of payment infrastructure.
“It is very dangerous,” Anne Boden, who founded Starling in 2014, warned Tuesday at the Money 20/20 fintech conference in Amsterdam. Based in Britain, Starling offers fee-free checking accounts and loans through an app. The firm was last privately valued at 2.5 billion ($3.1 billion) and counts the likes of Goldman and Fidelity as investors.
“A lot of [crypto] wallets are being connected directly to payment schemes,” Boden said. “This is a threat to the safety of our payment schemes around the world.”
Major payment players are embracing cryptocurrencies — credit card giants Mastercard and Visa opened their networks to digital assets, for example, while PayPal also lets users trade bitcoin and other cryptocurrencies....
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