UK: Treasury Select Committee launches inquiry into digital currencies and distributed ledger technology

The Commons Treasury Select Committee has launched an inquiry into digital currencies and distributed ledger technologies: see here. The terms of reference are available here.

UK: competition and choice in banking

One of the documents published yesterday, as part of the Government's budget, was one titled "Banking for the 21st Century: driving competition and choice": see here (pdf). The document sets out what the Government has done to promote competition and also contains some further proposals, including, for example applying anti-money laundering regulation to digital currency exchanges in the UK.