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Bitcoin and the crypto ecosystem has been branded wild west by the prominent MP’s in the UK. Also calling for the FCA to begin regulation of the current crypto markets, a report released by the parliament outlined the possible benefits which could result from responsible application of regulation. “It’s unsustainable for the Government and regulators to bumble along issuing feeble warnings to potential investors, yet refrain from acting…At a minimum, regulation should address consumer protection…

The European Union has been working with fiat cash since its inception. Encompassing a number of countries the union effectively allows free trade over an area by using the same currency, the Euro. However considering the political fragility of the euro particularly after the Brexit vote, a think tank backed by the parliament released its whitepaper outlining the possibilities Bitcoin and Blockchain technology could have on elections throughout the region. “Many experts agree that e-voting…