26 Feb '15, 6pm

Commonwealth Secretariat Commissions Bitcoin Report for Developing Nations

Commonwealth Secretariat Commissions Bitcoin Report for Developing Nations

A two-day event that brought together representatives from the Commonwealth Secretariat has ended with agreement that member states draft a formal report on virtual currencies. The main intergovernmental body behind the Commonwealth of Nations , the Commonwealth Secretariat represents 53 states, mainly in the developing world. The final report will be presented at the Commonwealth Heads of Government Meeting to be held in Malta from 27th to 29th November . A spokesperson for the organisation provided further details of potential subject matters the report might discuss, telling CoinDesk: “At the end of the two days, representatives of member governments issued a set of recommendations – these included preparing technical guidance for member states on effective legislative, regulatory and criminal justice responses to virtual currencies.” Reports from the organisation itsel...

Full article: http://www.coindesk.com/commonwealth-secretariat-bitcoin-...

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