The growth of cryptocurrencies such as Bitcoin has been boosted by the news that the UK government has begun preparing for the regulation of the nascent industry, pledging £10m to be invested into research of its uses.
In Wednesday’s Budget 2015, the UK Chancellor of the Exchequer George Osborne set out a series of measures to aid the growth of digital currencies and ensure this occurred in a securely regulated environment.
Osborne announced that the government would [...]