Most regulatory agencies have been wrangling with the digital currency concept for years, searching for existing regulations that could be used to police exchange compromises and protect investors from outright fraud.
Partners Richard Field and Richard Sheldon analyse the results from the polls, which were run on the day, and summarise some of the core themes and takeaways from the session.
Until now, Volt, like other "neo-banks," had been limited by the fact it only held a "restricted" licence.
The OTS offered the example of self-driving cars, asking the question of who was responsible between the owner, passenger, manufacturer or software developer should the vehicle be involved in an accident.
Blockchain startups will have to register within 10 days of commencing their services through a dedicated service portal, and companies developing new products will have to undergo a “safety assessment”.