U.K. Seeks To Regulate Bitcoin, Crypto Similar To Current Financial Instruments: Report

[AJBot]

The bill looks to place bitcoin and digital assets under existing financial instrument law enabling existing regulatory infrastructure to build a framework.The Financial Services and Markets bill passes the House of Commons, heads to the House of Lords. Draft bill seeks to establish digital assets, such as bitcoin, as regulated financial instruments. Lawmakers are consulting with stakeholders and industry leaders throughout the process.Legislators in the U.K. voted to recognize bitcoin and digital assets as regulated financial instruments earlier today, per a report from CoinDesk. The lower ho ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.