U.K. Treasury Starts Investigation into Cryptocurrency and Blockchain


The United Kingdom seems to have taken a firm stance on the Cryptocurrency sector and It doesn’t appear to be a good one. At first, it was just Prime Minister Theresa May stating that cryptocurrencies require more regulation, adding that the UK Treasury plans to set new rules in order for that to happen. That wasn’t too bad considering the UK isn’t the only country pulling for more regulation.

Except then today happened. Now, it appears the UK has an even stronger opinion on cryptocurrencies. Strong enough to launch an inquiry into the industry. Earlier today, …

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