[2014-08-06] Osborne explores Bitcoin potential

[ganabb]

https://uk.news.yahoo.com/osborne-explores-bitcoin-potential-043138929.html#siPCqkI

Exploring the potential for the use of digital currencies such as Bitcoin and better access to finance for small businesses were among measures announced by the Chancellor today.

The regulation of virtual and digital currencies, and the risks associated with them, will be explored in a bid to boost the UK's Financial Technology (FinTech) sector, George Osborne said.

[indiemax]

About time too!

[Kprawn]

Well they not turning their back on the currency, which is a good thing.

Other measures announced included a consultation on digital communications, a review of the part technology will play in the future of the FinTech sector, a £100 million extension to investment for smaller businesses, a push to promote Britain in overseas markets and awards for those who come up with solutions to help small businesses access finance.

I hope a big part of that, will go towards supporting BTC entrepeneurs too, they are small businesses too.