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UK Is Happy Without Crypto, Takes a Watching Position

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Mon, 17/09/2018 - 15:59
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UK Is Happy Without Crypto, Takes a Watching Position
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John Glen, the Treasury’s Secretary, recently stated that the Central bank of the country (BOE) has no plans to issue a BOE-supported coin, although previously it had toyed with the idea. Besides, no formal discussion regarding the status of digital assets in the UK has taken place, he added.

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Contrary to the UK government’s earlier plans, now it seems that they do not intend to regulate or adopt virtual coins and assets in any way, nor do they plan to use them as legal tenders.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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