In boon for bitcoin, UK to regulate digital currency exchanges

By Jemima Kelly LONDON (Reuters) - Britain took a significant step towards becoming a global bitcoin hub on Wednesday as the government announced it would regulate digital currencies for the first time by applying anti-money laundering rules to exchanges. Already the center of the $5-trillion-a-day market for traditional currencies, the UK is fast emerging as a center for digital currencies too, cementing its place as European's financial technology, or "FinTech", capital. ...

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