UK Government will Start Regulating Digital Currency

in #bitcoin6 years ago

I have read today that UK government now will launch a new technology that will regulate the flow of bitcoin online. As we all know that recently this year, bitcoin becomes the huge interest of many people and the value had soared high this new year.
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Due to this, it has caught the attention of the UK government that it might post threats to investors and become an interest of high profile thefts. I have read that they will harness a technology called "robo regulation". The software aims to ensure automatically that people with bitcoin investors comply to the regulation of the government.

It is really inevitable that some theft will use this new trend to do their deeds. Even Google ban the cryptocurrency advertisement, because like Facebook, they see some deceptive content in this kind of trade. I really hope this technology will actually be effective. I am not against the trading of bitcoin but if it put a threat to people, most especially child pornography, then rules should be implemented.

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