I hope the UK government will create a task force that is not detrimental to the cryptocurrency community. perhaps steps such as data collection of any cryptocurrency users, transaction tracking, even the provision of tax policies are acceptable for now, rather than decisions such as cryptocurrency bans applied by many other countries.
They could just had said it directly that they will ban it. This, however, doesn't imply anything relevant to bans so we got that for UK. What I think UK Task Force is aiming is the disallowing people to use cryptocurrency to evade taxes which I think is better to put their attention even more because government could somehow contribute even more crypto by providing different innovations into it. Regulations are far more better than getting a total ban and that would cause chaos especially to rebellious people that are really devoted to cryptocurrency, wherein they will continue to trade and purchase personally just to continue their operations even if cryptos are banned now in their country.
