Britain should woo bitcoin boosters

The City is missing a trick, says Matthew Lynn. London is the natural home for the growing cryptocurrency industry.

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Wyoming is now not just attractive to bears, but to bitcoin bulls too
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Wyoming is mostly known for cowboys and ranches. It is the second least densely populated American state after Alaska and its only major attraction is Yellowstone National Park. It has lowish corporate taxes, and light regulation, which means that it is sometimes used to shelter money, but otherwise it doesn't have much of a tradition as a finance centre. That might be about to change, however. In May, the state formally passed into law legislation that will make it one of the world's most attractive crypto-centres.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.