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.
