Archive for June, 2014

Jersey group in campaign to create ‘Bitcoin Isle’

Tuesday, June 24th, 2014

A campaign has been launched to make Jersey a world leader in digital currencies.

Bitcoin payments are already accepted in a handful of places but an industry expert says, if the States allow banks to accept and trade with it, Jersey could become a magnet for new business. Robbie Andrews, of bit.coin.je, an industry body set up to promote and campaign for the currency, wants to create a “Bitcoin Isle”. Treasury Minister Senator Philip Ozouf said he wanted Jersey to be an early leader in the field. There have been issues around the digital currency, including a lack of regulation and concerns over potential for money laundering and other illegal activity.

Read full story at http://www.bbc.com/news/world-europe-jersey-27921445

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