Part of:Making it easier for people to access and use financial services and Financial services Bitcoin, Litecoin…why we’re calling for information on the benefits and risks of digital currencies. 1. We want to promote innovation and competition in the banking sector 2. New types of digital currency are being developed and digital currency businesses are setting up in the UK. It is estimated that 20,000 people in the UK currently hold Bitcoins – and around £60m worth are circulating in the UK economy. But we want to get the facts on why people are using them.

https://www.gov.uk/government/news/digital-currencies-5-reasons-were-calling-for-information