“The United Kingdom has decided to embrace the opportunities afforded by Bitcoin with an announcement Wednesday that it will seek to regulate Bitcoin exchanges.
The announcement, which came as part of the 2015 Budget, is part of a push by the U.K. Government in its own words “to apply anti-money laundering regulation to digital currency exchanges in the UK, to support innovation and prevent criminal use.”
The measures will be aimed at creating the right environment for legitimate actors in the space to flourish while making it “a hostile environment for illicit users of digital currencies,” the government added.’
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