The bill looks to place bitcoin and digital assets under existing financial instrument law enabling existing regulatory infrastructure to build a framework.
The former Member of the European Parliament drew parallels between leading a “political insurgency” with Brexit and the opposition Bitcoin experiences today.
The proposal from England’s Law Commission outlines a new form of property for digital assets, custodial operations, and a framework for legal proceedings.
Binance’s cryptocurrency exchange platform has expanded into the European market with its entry into the Island of Jersey, a self-governing dependency of Great Britain.
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