Cryptocurrency warning; McDonald’s Dollar Menu woes; CamelBak backlash

He said it

“The prices of many cryptocurrencies have exhibited the classic hallmarks of bubbles, including new paradigm justifications, broadening retail enthusiasm and extrapolative price expectations, reliant in part on finding the greater fool.”

That’s from Bank of England Governor Mark Carney, who urged regulators around the world to monitor cryptocurrencies in the same way as other financial assets, warning about a “global speculative mania.” He listed a series of concerns, including money laundering, terrorism financing and tax evasion.