The United Kingdom wants to equate Bitcoin and other cryptocurrencies with betting and gambling.

Study #Bitcoin

https://www.ruetir.com/2023/05/the-united-kingdom-wants-to-equate-bitcoin-and-other-cryptocurrencies-with-betting-and-gambling/

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Other cryptocurrencies are degenerate gambling.

Gambling is tax-free, so that would be one good thing about it.