Bitcoin's exploding price means legislators around the world can no longer ignore cryptocurrencies or their underlying assets - but to what degree can these actually be regulated. Dr Charles Laing takes a closer look
The explosion in the valuations put on bitcoin this year has meant HM Treasury can no longer ignore the cryptocurrency or the underlying blockchain technology. A value that has increased well over 1,000% from the start of the year is causing governments around the world to sit up and take notice of this and other cryptocurrencies currently with a total market cap surpassing $200bn (at least at the time of writing). Increasing prices and the fear that criminals are investing in bitcoin have also made legislators look more closely into how they can intervene. Treasury eyes bitcoin crack...
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