UK Plans to Regulate Bitcoin Exchanges

UK Plans to Regulate Bitcoin Exchanges

The UK government plans on regulating digital currency exchanges in an effort to support technological innovation while preventing criminal use of such technologies. In a document released along side the announcement of the 2015 budget, the Treasury stated that they intended to apply anti-money laundering regulation to digital currencyexchanges within the UK. The Treasury plans to seek consultation later this year to gather views on how the regulations should be shaped to benefit legitimate actors within the digital currency industry. They will also seek council on how to ensure that law....


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