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The Guardian - UK
The Guardian - UK
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Phillip Inman

The rise of digital money poses significant challenges for regulators

Bank of England United States Andrew Bailey Donald Trump United Kingdom London
Bitcoin gold coins
All the big financial centres, including London, have begun passing laws and consulting on rules to govern a future dominated by digital money. Photograph: Artur Marciniec/Alamy

There are those among us who like the idea of swiping and tapping their way through life, armed with a lifetime of digital information as they enter buildings, book online appointments and take train rides to work.

Others are not so keen, fearing that big brother databases chock full of personal details will one day control their movements, if that is not happening already.

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