BITCOIN BREAKING ! UK Ministry of Treasury Plans to Regulate  Bitcoin.

in #cryptonews7 years ago

Regional reporting insists Her Majesty’s Treasury (Treasury) of the United Kingdom (UK) is “launching a crackdown on the virtual currency Bitcoin amid growing concern it is being used to launder money and dodge tax.” Bitcoin enthusiasts, however, understand that the world’s most popular cryptocurrency’s continual all-time-high price records, rather than terror or tax avoidance, are drawing more governments into formal regulation policy and pronouncements.
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You can take my life but you can never take my bitcooooooiiiiin!!!

#freedom

We won't hide the truth, Bitcoin is use in black market and tax evasion. So is Fiat Currencies. The problems isn't cryptocurrencies, but who have the wallet and what he want to do with it. Crypto have so much to offer and, you already pointed out, government is getting more and more involve in it because of it popularity.

Regional reporting insists Her Majesty’s Treasury (Treasury) of the United Kingdom (UK) is “launching a crackdown on the virtual currency Bitcoin amid growing concern it is being used to launder money and dodge tax.”

What exactly is the source of this information? Is this just a cut and paste from Bitcoin.com?

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