What Circle’s UK E-Money License Means for Bitcoin and Blockchain

Joe Colangelo, Executive Director of Consumers’ Research, remarks on bitcoin in Coindesk.

The viewpoint that this development was potentially a negative for the US was supported by Consumers’ Research executive director Joe Colangelo, who voiced his belief that the announcement could encourage more innovation abroad.

He concluded:

“I wouldn’t be surprised if this simplified approval from the UK led to more bitcoin and blockchain companies considering setting up shop overseas in the future.”

Read the full article here.

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