UK Government Announces New Cryptocurrency Research Effort
The U.K. government will launch new research aimed to explore the potential risks posed by cryptocurrencies, a minister has said.
The U.K. is on the brink of a previously unthinkable 'hard Brexit' from the European Union. A solution could be found in the capabilities of blockchain.
The U.K. is on the cusp of leaving the E.U., sparking concern for blockchain startups working within a government-run regulatory sandbox.
Bottle Pay is shutting down, citing the EU's new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month.
The official archive of the UK government is investigating blockchain technology in order to answer pressing questions related to archive management.
John Glen, the U.K. minister who oversees the financial sector, says regulation could lead to "a stable, flourishing" crypto exchange in London.