george osborne bitcoin speech

Bitcoin ETF listing getting closer

Bitcoin ETF1 investors Winklevoss Twins set to list on New York’s NASDAQ exchange writes Dan Howitt. Bitcoin is currently inaccessible for most investment banks as there is a lack of regulation when trading in it. This means currently Bitcoin is classified as a high risk asset. However when Bitcoin is wrapped in an Exchange Traded Fund, like gold […]

Forty shillings fine

There is still no Bitcoin Exchange UK Came across this in the Parcel Yard pub in Kings Cross Station. I liked it so took a photo. When you look at it you can almost imagine the steam trains chuffing by, whistle blowing, engine driver leaning out of his window with blue overalls,  cap and red […]


Buying a Bitcoin next week

Planning to buy a Bitcoin next week. The guys in the next room to us have a Bitcoin business. Dan Hewitt wrote a post a few days ago. The process in the UK is not particularly straightforward as UK banks don’t currently support Bitcoin.  All will be revealed next week. Stay tuned… How to buy […]

george osborne bitcoin speech

HMRC gives green light to Bitcoin business?

The Telegraph has reported that HMRC will announce that it is to remove the 20% VAT from the sale and trading of Bitcoin in the UK. Until now Bitcoin has been classified as an electronically supplied service or electronic voucher (depending on which perimeter officer received the query) which meant buying from or trading with a […]


Bitcoin in the news again – no VAT & school dinners

In the news again, Bitcoin. This time HMRC have decided not to charge VAT on transactions. Seems reasonable. Made me think about coins. In our house when I get in I empty my pockets onto the kitchen worktop (near the radio). The next morning the pile of coins is substantially smaller, reduced by demands for […]

Bitcoin bet or bubble bursting?

Mt Gox is dead. Apparently. More than 750,000 Bitcoins missing, so they say.  Rumour mill an’ all. Careless that, or criminal. Either way someone has lost a lot of Bitcoin (Mt Gox has previous – see here from 2011). Now could be a good time to invest in Bitcoin. The price has dropped considerably. Mind […]