BREAKING: Cryptocurrency trading should be regulated as gambling, UK Treasury Committee says.
“With no intrinsic value, huge price volatility and no discernible social good, trading of #Bitcoin more closely resembles gambling than a financial service.“
https://committees.parliament.uk/committee/158/treasury-committee/news/195246/consumer-cryptocurrency-trading-should-be-regulated-as-gambling-treasury-committee-says-in-new-report/
Considering gambling winnings are tax exempt in the UK I genuinely hope they do this.
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