Earlier this week, the UK Treasury announced that it will be supporting changes to anti-money laundering regulations to include cryptocurrencies such as Bitcoin. The push is part of an update to EU rules that are currently being negotiated.

Scotland Yard had previously warned against cryptocurrency and said that it is being used by criminals to evade checks and regulations because of the anonymity that it provides. The Treasury says that it is seeking to remove anonymous cryptocurrency trading with the update, since there are already clear tax rules for legitimate cryptocurrency investors.  

Source: BBC

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