UK Treasury launches Bitcoin review

London seeks key role in digital currency growth

London skyline

The UK Treasury has launched a review to examine the pros and cons of digital currencies, such as Bitcoin.

The review, announced by chancellor of the exchequer George Osborne on August 5 and expected to be published before the end of the year, will look at the role of digital currencies in the business world and wider society.

"Key to the government's long-term economic plan is cementing Britain's position as the centre of global finance," said Osborne. "It is only by harnessing innovations in

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