HM Treasury – Digital Currencies: Call for Information


The UK Government, through Her Majesty’s Treasury (HM Treasury) has asked for public feedback to assist in their formation of digital currency regulations. HM Treasury has been aware of the developing Bitcoin space for quite some time, yet previously (2013) they had agreed to take a “wait and see” approach, allowing businesses in the bitcoin space to develop within the UK without any hindrance. Earlier this year, George Osborne (Chancellor of the Exchequer), asked HM Treasury to investigate the potentials of digital currency, and what the government’s role in this emerging sector should be. Since then HM Treasury has investigated and researched bitcoin and the development of businesses in this sector. From talking with people working in the sector, and from Osborne’s […]

from Bitcoin Magazine


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