RATE Group | Bitcoin price LIVE: BTC climbs back above $9k as British MP’s debate crypto ‘fad’ | City & Business | Finance
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Bitcoin price LIVE: BTC climbs back above $9k as British MP’s debate crypto ‘fad’ | City & Business | Finance

02 May Bitcoin price LIVE: BTC climbs back above $9k as British MP’s debate crypto ‘fad’ | City & Business | Finance

Posted at 10:02h in Bitcoin News by

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8.30am HEADLINES

Hello and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.

Bitcoin is currently up on the day at $9,148, a rise of $81 on the day so far.

Yesterday marked the start of the UK’s executive inquiry into cryptocurrencies and the technology behind them.

The Treasury Committee said it wants to understand the risks and benefits of digital money following an explosion of interest – and investment – in them.

READ – BITCOIN LATEST: MPs told blockchain has ‘very little obvious benefit to society’

The MPs will cover the role of digital currencies in the UK, including the impact on consumers and businesses.

There was a good balance of positivity and cynicism in the room with Ryan Zagone, director of regulatory relations at Ripple, told the debate that although “there’s a lot of hype around the technology right now” blockchain allows us to “validate, store and synchronise information across many…

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