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Expert Analysis

Taming The UK's Unpredictable Digital Currency Market

By Anna Gaudoin (April 5, 2018, 3:01 PM EDT) -- On Feb. 22, 2018, the U.K.'s Treasury Committee launched a new inquiry into digital currencies and distributed ledger technology. Digital currencies such as Bitcoin — often known as cryptocurrencies — are digital tokens which allow the transfer of funds in a secure and anonymous way, independent of a government or central bank. In recent years, the market for cryptocurrencies and the associated blockchain technology has been in a state of constant flux, developing at such a rapid pace that scarcely a day passes without new developments....

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