Evening Standard

Bitcoin hits new record as UK regulator paves way for crypto-linked securities

The price of Bitcoin has hit a fresh all-time high as Britain’s financial watchdog said it would allow cryptocurrency-linked exchange-traded products for professional investors.

Bitcoin, the world’s biggest cryptocurrency, surged past 71,000 US dollars (£55,272) to hit a record 71,830.99 dollars on Monday, up 3% in the past 24 hours, according to Binance market data.

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