29 Oct '13, 8am

London-based Bitcoin exchange Coinfloor opens for business

London-based Bitcoin exchange Coinfloor opens for business

"However, we pride ourselves on our compliance even in the absence of regulatory guidance, and look forward to a point in the future when the HMRC and FCA may choose to regulate Bitcoin as a currency as we would be ready and confident about our immediate compliance," explains Coinfloor. "We believe that the creation of a formal regulatory regime for Bitcoin businesses (whether under the current payment services regime or under a new regime for decentralised currencies) would benefit the UK economy and in particular the fintech sector."

Full article: http://www.wired.co.uk/news/archive/2013-10/29/coinfloor-...

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