UK mulls banning cryptocurrency assets, says they have ‘no intrinsic value’24.34

As part of a Treasury-led taskforce, the UK’s Financial Conduct Authority (FCA) released details of its investigation into how UK regulators should approach the cryptocurrency industry, mostly by defining the different kinds of cryptocurrencies and their underlying blockchain technology. Much like the old man who yells at the cloud, the UK government is lashing out at the cryptocurrency industry. ...

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