Revolut partners with Lightspark to bring faster, cheaper Bitcoin payments to users in the UK and Europe, leveraging the Lightning Network and Universal Money Address for seamless, real-time transactions.
The bill looks to place bitcoin and digital assets under existing financial instrument law enabling existing regulatory infrastructure to build a framework.
The former Member of the European Parliament drew parallels between leading a “political insurgency” with Brexit and the opposition Bitcoin experiences today.
The proposal from England’s Law Commission outlines a new form of property for digital assets, custodial operations, and a framework for legal proceedings.