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Jersey launches consultation on virtual currency regulation

10th July 2015 8:13 am GMT

The Bailiwick of Jersey has launched a consultation process to assess the risks and advantages of establishing a framework to regulate virtual currencies, as it looks to tap into the financial technology (fintech) market.

The consultation runs from July 9th to August 7th, and largely focuses around potential misuses of such currencies. Jersey says that while it is keen to embrace the potential offered by virtual currencies, it is also wary of the need to properly [...]

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