16 Apr '15, 7am

RPT-INSIGHT-London stakes its claim as global bitcoin hub #forex #fx #reuters

* UK authorities want to promote financial innovation * Government also aims to curb bitcoin use in crime * Bitcoin backers say UK attitude makes London attractive * World's biggest bitcoin networking group is London-based By Jemima Kelly LONDON, April 15 (Reuters) - London, centre of the $5-trillion-a-day global currency market, now wants to be home to a controversial upstart - bitcoin. British authorities have come out in support of digital currencies in the name of promoting financial innovation, while proposing that regulations should be drawn up to prevent their use in crime. But it is technophiles who are leading the drive to make London a real-world hub for trade in web-based "cryptocurrencies", of which bitcoin is the original and still most popular. Every Tuesday evening in a trendy cafe in London's Shoreditch neighbourhood, a group of digital currency enthusiasts...

Full article: http://www.reuters.com/article/2015/04/16/currency-bitcoi...

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