I just published an article called “Crypto is here to stay” https://steemit.com/cryptocurrency/@themidichannel/crytpo-is-here-to-stayoutlining what the Canadian Securities Exchange is doing in regards to clearing and settlement for tokens. I wasn’t even looking for this article but looks like the U.K is jumping on board as well.
What you see here is the regulation of cryptocurrency.
When regulation starts to flourish we start to legitimize this type of currency. When we start to legitimize this type of currency we have better tracking mechanisms, and of course Government oversight.
We also know that cryptocurrencies will become a fabric of our global financial system.
In the U.K now there will be a self regulated body focused on cryptos. Based on what I’m reading the dips are not for long.
Get ready for a WILD RIDE.
Please let me know what you think?