Oct 30, 2018
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Bitcoin [BTC] and other cryptocurrencies are too volatile to be a good store of value: Cryptoassets Taskforce

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As Bitcoin [BTC]  and other cryptocurrencies chose to take the downward slope, after several days of the sideways movement, the Cryptoassets Taskforce also released a report on cryptocurrencies and the distributed ledger technology earlier this week.

The task force was launched by the Chancellor of the Exchequer, which consists of three main regulatory bodies of the United Kingdom namely, Financial Conduct Authority [FCA], Bank of England and HM Treasury, in the month of March 2018.

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