Commonwealth Secretariat Commissions Bitcoin Report for Developing Nations
A two-day event that brought together representatives from the Commonwealth Secretariat has ended with agreement that member states draft a formal report on virtual currencies. The main intergovernmental body behind the Commonwealth of Nations, the Commonwealth Secretariat represents 53 states, mainly in the developing world. The final report will be presented at the Commonwealth Heads of Government Meeting to be held in Malta from 27th to 29th November. A spokesperson for the organisation provided further details of potential subject matters the report might discuss, telling CoinDesk: "At....
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The Commonwealth Virtual Currencies Working Group will meet for the first time next week to discuss the management of cryptocurrencies, such as bitcoin. The specialist group, formed by the Commonwealth - a voluntary association of 53 independent countries, almost all of which were formerly under British rule - is made up of members from the Commonwealth Secretariat, Australia, Barbados, Kenya, Nigeria, Singapore, Tonga and the UK. Along with the International Monetary Fund (IMF), the World Bank, intergovernmental organisation Interpol and the United Nations Office on Drugs and Crime....
The Commonwealth is a voluntary association of 53 independent and equal sovereign nations that has formed a Commonwealth Virtual Currencies Working Group to discuss bitcoin and its potential impact on their economies. Most of the nations in this group were formerly under British rule, but it includes some of the world's largest, smallest, richest and poorest countries, spanning five regions. Commonwealth countries are supported by an active network of more than 80 intergovernmental, civil society, cultural and professional organisations. The virtual currencies specialist group is made up....
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