The UK Digital Currency Association (UKDCA), the advocacy group for digital currency and block chain technologies, welcomes today’s government response to their call for information on digital currencies.

Read more: UKDCA welcomes government announcement on digital currencies

The UKDCA submits its response to HM Treasury’s Digital Currencies : Call for Information on 3rd December 2014

The UKDCA Board is pleased to announce that our submission to HM Treasury’s Digital Currencies : Call for Information was completed and delivered to HMT on Wednesday 3rd December 2014.

The full document can be downloaded here.

We’d like to thank all of our members that took the time to complete our survey and we hope that our final document has represented as many of your opinions as possible.

Read more: The UKDCA’s HM Treasury Call for Information Submission

UKDCA submits comments on NYDFS BitLicense proposal on 20th October 2014

Read more: UKDCA submits comments on NYDFS BitLicense proposal

We’re pleased to announce the results of the inaugural UKDCA board elections that took place during the AGM on Friday 26th September 2014.

Read more: UKDCA announces Board elections results

The UKDCA has responded to The European Banking Association (EBA) proposal for a potential regulatory regime for “virtual currencies”, published on 4th July 2014.

Read more: The EBA proposes a “virtual currency” regulatory regime

3rd March 2013 (London, UK) – The UK Digital Currency Association (UKDCA) welcomes the forthcoming HMRC briefing on the tax treatment of cryptocurrencies as a very positive step towards their mainstream adoption.

The briefing provides clear rules on the tax liabilities for individuals and businesses handling Bitcoin and other cryptocurrencies. The published guidelines are some of the most sophisticated and forward-thinking issued by tax authorities anywhere in the world. The briefing suggests that cryptocurrencies should be treated almost identically to other currencies, in terms of taxation. This gives further legitimacy to digital currencies and could lead to a gold rush of digital currency businesses to the UK, further cementing its status as the world’s capital for innovation in financial technologies.

Read more: HMRC Issues Tax Briefing