The regular drumbeat of governments warnings on bitcoin continues apace. Last month, Israel, Vietnam and Cyprus joined the chorus.
However, in addition to this din (not entirely unwarranted many would argue) one government body has begun to undo its earlier mistakes in the bitcoin space.
The body in question is the UK’s tax authority, HMRC, which this month effectively recognised bitcoin as a currency after months of lobbying by London’s bitcoin community, led by members of the soon-to-launch UK Digital Currency Association.
March 16, 2014 at 10:08AM
