Issuing a physical backed by gold bitcoin; Bob McDowall, Alderney's Finance Committee Chairman and Michael Parsons, FCA, gave a fantastic talk during Coinscrum's Alt Stage event in Hoxton. Alderney Wants To Become A Financial Hub For Bitcoin. The island wants to mint physical bitcoins, which it sees as a road to financial independence. Alderney first raised the possibility of creating a physical coin in the summer, after finance minister Robert McDowall met with Michael Parsons.
The planned financial services hub would include exchanges, payments, services and physical storage of coins, and if the plan is adopted, Alderney would become the first jurisdiction to introduce a regulated environment for the currency, which is now valued above $500.
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