The UK tax department is set to repeal its 20% tax on bitcoin transactions (paywall), effectively confirming the digital currency’s status as a negotiable financial instrument. The Bitcoin Foundation is also relocating to London.
http://www.ft.com/intl/cms/s/1b9f434e-a209-11e3-87f6-00144feab7de,Authorised=false.html#axzz2uslGsVSA
