One of the world’s biggest digital currency markets is in talks with financial watchdogs about setting up a regulated bitcoin exchange in Britain.

Coinbase opened the first regulated bitcoin exchange in the United States this year with $106 million of backing from the New York stock exchange and several banks.

Brian Armstrong, the chief executive of Coinbase, said in an interview that the company had been in talks with regulators in the UK “for at least six months” about setting up an exchange.

Image James Dean Technology Correspondent The Times 
Source of article The Times http://www.thetimes.co.uk/tto/business/industries/technology/article4403673.ece