Tag Archives: Ian Taylor

Opinion split on Commons Treasury assessment to “treat Crypto like Gambling”

Report: RET levy likely as MPs reappraise White Paper

The House of Commons Treasury Committee has recommended “treating retail investment in cryptocurrencies like gambling”, due to the high volatility of value changes of cryptoassets and potential for consumers to lose their entire investment.  The recommendation forms part of the Committee’s report evaluating the “potential benefits of cryptoassets and their underlying technology value, and the risk of investment in cryptoassets”. …

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