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While a number of American states have been known to be in various stages of offering a regulatory framework for Bitcoin and Blockchain firms, the UK might soon win the race to offer a competitive ‘Bitlicense‘ first. It has now been made public that the British Financial Conduct Authority (FCA) is actively engaged with guiding and even encouraging firms to employ the innovative technology.
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Chris Woolard, the FCA’s director of strategy and competition, said in an interview with the Financial Times that the regulator thinks ... (read more)