UK Central Bank to Tackle Issues Like Crypto Money Laundering

Uk Central Bank

The United Kingdom is really cracking down on the cryptocurrency sector. While other countries and their central banks are welcoming virtual currencies with open arms, the UK Central Bank is putting its foot down.

What Happened?

Over the past two months, we have seen a lot from the UK regarding cryptocurrencies.  First, Prime Minister Theresa May came forward and stated that cryptocurrencies need more regulation. We also witnessed the UK central bank terminate all of its plans to launch its own cryptocurrency. Not to mention what happened last week. I’ll give you a hint: it involves …

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