31 Aug '15, 6am

ReTw

After a recent three-day conference in London, the newly-formed Commonwealth Virtual Currencies Working Group, concluded that digital currencies, including Bitcoin, have “a potential to benefit Member States and to drive development,” but not without risks. A press release states the group made various recommendations, urging the 53 members of the Commonwealth to regulate virtual currencies as well as “providing awareness, education and funding for training for law enforcement, prosecutors, judges, regulatory authorities and the financial sector.” “Member states should consider the applicability of their existing legal frameworks to virtual currencies and where appropriate they should consider adapting them or enacting new legislation to regulate virtual currencies.” - Commonwealth Virtual Currencies Working Group At the meeting there were indications of both respect and t...

Full article: http://bravenewcoin.com/news/53-commonwealth-states-urged...

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Commonwealth Governments Urged to Regulate Bitcoin

Commonwealth Governments Urged to Regulate Bitcoin

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Photo Frederik Voss is overseeing work at Nasdaq to use the technology behind Bitcoin to make trading faster and cheaper. ...

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#bitcoin

#bitcoin

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