Stories
Slash Boxes
Comments

SoylentNews is people

posted by mrpg on Monday February 26 2018, @04:26PM   Printer-friendly
from the 21-millions-of-problems dept.

Title: Blockchain Nears Peak Hype: UK Politicos To Probe Crypto-Coin

Hot on the heels of Bitcoin's dramatic rise and fall - and rise, British parliamentarians have decided to launch an inquiry into digital currencies.

The Treasury Committee, one of the more influential of the House of Commons' talking shops, today confirmed it will investigate the impact of cryptocurrencies and how they can be regulated.

[...] "Striking the right balance between regulating digital currencies to provide adequate protection for consumers and businesses, whilst not stifling innovation, is crucial."

[...] Many regulators and government bodies - from the European Commission to the US Securities and Exchange Commission - have made no secret of their disdain for Bitcoin.

[...] But the committee also plans to investigate the potential benefits of cryptocurrencies and the underlying distributed ledger technology, for instance in boosting security or disrupting the economy or work of the public sector.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Monday February 26 2018, @05:57PM

    by Anonymous Coward on Monday February 26 2018, @05:57PM (#644053)

    I'd like to purchase exclusive mining rights to your personality. People overlook common commodities, but there is a lot of money to be made in salt mining. Mining, not just for dude bros!