Unlike gold, however, which has industrial uses and aesthetic attributes quite apart from its vestigial financial role, bitcoin’s principal additional attractions are its novelty and its anonymity. The anonymity will make it appropriately the target for increasingly comprehensive scrutiny from law enforcement and the novelty is a rapidly wasting asset. Gold will always glitter, but novelty, by definition, fades.
We know that some of them have already started to address this issue. And yes, time is of the essence. Market access is just the first step. Related to it are hundreds of other even more technical questions. How to treat financial and risk relations between existing and new entities in the euro area and related UK entities?