Following the announcement by the UK government of a major shift in economic policy, the British Pound (GBP) plunged to a fresh 31-year low today as Asian markets awoke, with BTC-GBP looking to smash the £500 psychological barrier and outperforming other bitcoin-fiat pairs today. This is the largest decline in the Pound since ‘Brexit’, on comments from French President Hollande convincing other EU members to negotiate tough with the UK. Also, UK Prime Minister Theresa May confirmed that Article 50 will be triggered, the legislation formally required to exit the EU, in March 2017...
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