04 Sep '13, 1pm

UK policy makers discuss bitcoin regulation at 10 Downing Street

UK policy makers discuss bitcoin regulation at 10 Downing Street

The potential regulation of UK bitcoin companies was discussed at a meeting this morning at the government’s headquarters, 10 Downing Street. Hosted by the Number 10 Policy Unit, the Financial Innovators Summit was attended by a number of financial technology companies, UK regulators and government members. Tom Robinson, co-founder of yet-to-launch UK virtual currency exchange BitPrice , attended the 1.5-hour meeting. He said: “The attendees ranged from crowdfunding companies to payment services businesses. There were also several representatives from the treasury, the FCA, the Number 10 Policy Unit, the Department for Business, Innovation and Skills and a few of the smaller banks.” He went on to say the organisers of the meeting mentioned bitcoin in their introductory speech, describing it along the lines of an “exciting new area of financial innovation, but one that face...

Full article: http://www.coindesk.com/uk-policy-makers-discuss-bitcoin-...

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