British Bitcoin Startups Confident About AML Regulations

British Bitcoin Startups Confident About AML Regulations

Ever since the news broke out that the British government was planning to apply AML regulations to Bitcoin, the community has undergone a sea change in fundamental ways. The UK government intends to impose anti-money laundering regulations, as well as KYC to Bitcoin and other cryptocurrencies. The digital currency enthusiasts were all praise for the Treasury Report which was made public on the eve of Chancellor of the Exchequer George Osborne's 2015 Budget. The co-founder & COO of Bitcoin storage service provider Elliptic, Dr. Tom Robinson saw the government's action as a big positive....


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