The law applied to Bitcoin when it was issued and launched in 2009. I studied UK Law for my LLM thesis which was submitted in 2007. I did this to ensure that Bitcoin was within the legal frameworks.

Electronic cash was regulated in 1996.

CSW
jun 17, 2022
https://www.linkedin.com/posts/craigswright_regulation-crypto-blockchain-activity-6943525509939003392-IFyN?