Cryptocurrency Research Effort Announced By The UK Government

Announcements, Blockchain, News, Regulation | March 20, 2018 By:

John Glen, Britain’s junior finance minister, said that the UK government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin.

Speaking at the Innovate Finance conference in London, Glen said that in their upcoming FinTech strategy, the government will announce further work with the Financial Conduct Authority and the Bank of England to consider these issues in more detail.


Crypto Regulation Will Be Done Country By Country – Bank of England Head

News, Regulation | March 2, 2018 By:

Mark Carney, the governor of the Bank of England, has called for the regulation of cryptocurrencies to protect consumers from a market that shows classic bubble tendencies.

In a speech delivered to the Inaugural Scottish Economics conference in Edinburgh, Carney expanded on views expressed last month when he branded cryptocurrencies such as bitcoin a “failure,”