Crypto Crash Survivors Could Become Tomorrow’s Amazons, BOE Says

The survivors of the rout in cryptoassets could become the technology companies of the future rivaling Amazon.com Inc. and eBay Inc., Bank of England Deputy Governor Jon Cunliffe said.

Cunliffe compared the crash that has wiped more than $1 trillion off the value of Bitcoin and other crypto currencies this year to the dotcom collapse at the start of the millennium.