The City of London has long been considered the financial hub of Europe, and the inclusion of Bitcoin company, Blockchain, on last weeks trade delegation to South East Asia, suggests the UK Government may be positioning itself to take a similar role in the world of cryptocurrency. Blockchain may be considered an interesting choice to accompany Prime Minister, David Cameron, on such a visit alongside such British stalwarts as Rolls Royce and Lloyds of London. But trade missions are designed to give a more holistic (yet of course unabashedly positive) view of the potential of British trade partners, indicating that …

A proposed UK bill could end anonymity in Bitcoin transactions by logging of all content accessed via UK ISPs. This will leave only services such as DarkWallet as truly anonymous options, placing them firmly in the sights of UK lawmakers seeking “the legal power to break into the encrypted communications of suspected terrorists.” Speaking in the wake of the Paris terrorist attacks at the Charlie Hebdo offices and a kosher supermarket, UK Prime Minister David Cameron has called for further powers to assist the police and intelligence services to track and monitor online and mobile communications in the UK. This …