Bank of England Sees Future in Bitcoin, Sharia and ‘Considerable Promise’ of Blockchain

By February 26, 2015Bitcoin Business

Bank of England Sees Future in Bitcoin, Sharia and ‘Considerable Promise’ of Blockchain What do Bitcoin and Sharia have in common? The Bank of England. In a surprise U-turn, the UK central bank has altered its stance on Bitcoin, publishing a report in support of digital currencies which it says “may reshape the mechanisms for making secure payments.”

The bank’s report also explicitly highlighted the benefits of blockchain technology, which it says holds “considerable promise.”

“This […]

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