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London says it'll regulate digital money

Move is a boon for bitcoin; new rules meant to support innovation, prevent criminal use of such units
Friday, March 20, 2015 - 05:50

London

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 centre of the US$5 trillion-a-day market

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