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Wednesday, August 06, 2014

Bitcoin - A Nice Little Earner for Osborne

It would seem that the rise of Bitcoin has caught the Chancellor's gimlet eye, as a possible means of raising extra revenue.

Osborne has instructed the Treasury to assess how the UK could become a leading global centre for Bitcoin and other virtual currencies.

If it moves tax it, if it threatens other means of revenue generation regulate it!

A nice little earner!

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