Post
Topic
Board Bitcoin Discussion
Re: Will this boost Bitcoin?
by
Tacalt
on 19/08/2016, 21:12:43 UTC
It's going to make it much easier for the government to regulate it, now that it has a classification. I personally don't think that it's going to give Bitcoin a boost in internetional markets since this is basically exclusive to the UK, however there are definitely some good things that can come out of this. UK Bitcoin gambling is probably going to start getting regulated though, so that might have an affect with the local value. It could definitely be a step in the right direction however.

How is KYC/AML a step in the right direction for software that's intended to help you remain anonymous? Even SEC compliant exchanges are guilty of this.