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Influential UK MPs Push for Crypto Trading to be Classified as Gambling

The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service. On Wednesday, MPs said digital currencies such as Bitcoin and Ether have "...

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Influential UK MPs Push for Crypto Trading to be Classified as Gambling
The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service.
On Wednesday, MPs said digital currencies such as Bitcoin and Ether have "no intrinsic value and no useful social purpose," claiming that they resemble gambling more than financial services, as reported by British media outlet Sky News. ...
Read More: Influential UK MPs Push for Crypto Trading to be Classified as Gambling

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