By Rhett Butler and Dan Merica, Reuters The digital currency market is growing fast, with digital currencies overtaking gold and the dollar in value.
That’s despite the fact that digital currencies have had a relatively quiet life compared to the traditional economy.
In its most recent quarter, the digital currency digital currency bitcoin gained 0.5% to a value of $539.35, according to CoinDesk.
That’s about 0.6% higher than a year ago, according the CoinMarketCap website.
Bitcoin is still a niche, and the market is still developing, said Brian Armstrong, managing director of bitcoin consultancy Chainalysis.
But there’s no doubt that the rise of digital currencies is having a ripple effect on traditional finance.
Bitcoin is currently valued at $1.1 billion, compared with about $1 trillion in the U.S. dollar.
And it’s the digital money that’s attracting more attention than ever.
In a research report released earlier this month, Armstrong said that the digital currencies are the fastest growing assets in the financial system.
Armstrong said he expects the digital economy to grow to $5 trillion by 2020, from $2 trillion today.
The growth has come as the U:P.
has slowed down on digital currency regulation and regulation of the digital payments industry, which has been a priority for the U.:P.
While the U., like the rest of the world, has moved away from the digital, Armstrong argued that the growth of digital currency has led to a much broader acceptance and adoption of the asset, as well as a new market for digital assets.
“If we were to get back to where we were with the U-P, then I think we would have to see a huge amount of digital assets in circulation,” Armstrong said.
That means there will be a lot more opportunities for money laundering and tax evasion, he added.
Digital currency has become a major issue in U.K. politics, with the Conservative Party calling for a crackdown on cryptocurrencies.
And the U.-K.
Independence Party is the largest party in Parliament.
The Conservatives are in the midst of a tax overhaul.
A group of lawmakers and economists have warned that the overhaul could see many digital currencies and assets outlawed.
The U.N. has called on the government to set a date for the end of cryptocurrency trading, with Armstrong calling it a key opportunity to protect the value of digital money.
“I think that the U, like the world at large, is going to be very, very concerned with digital currency,” he said.
“I think there is a lot of potential for people to be using these digital currencies as a way to conduct money laundering or money transfer, and we will need to be vigilant as to whether the governments do not see this as a legitimate and viable form of payment.”