RE: UK Gambling Commission Views Bitcoin as Cash Equivalent
And in other news...
A Judge in Florida recently ruled that Bitcoin wasn't money because it was not backed by any financial institution, was not a tangible good, or in anyway could it be considered a service rendered so it failed to meet the state's standards of a currency. LOL I love world politics sometimes...
Florida judge: Bitcoins aren’t currency, so state money laws don’t apply
Miami man sold via localbitcoins.com, then undercover cop tried to target him.
A Florida judge has decided in favor of a bitcoin vendor charged with violating local money-laundering laws, because, she found, the cryptocurrency is not money as defined under state law.
Published in Arstechnica by CYRUS FARIVAR - 7/27/2016, 6:40 AM
See how easy it is to avoid Plagarising? Just cite your source Don't Cut & Paste.
Here's a link to the Full Article quoted above that I posted to Steemit if you want to see the full story.