It is understood that representatives from the Channel Island were expected to meet with the Treasury this week, to discuss a licensing regime for the coins.
A report in sister paper the Financial Times said this would create the world’s first international centre for Bitcoin transactions.
The value of an individual coin peaked at $1,242 (£757.50) last week on the Tokyo Mt Gox exchange, having climbed from as low as £23 a coin in March.
No-one from the states of Alderney, was available for comment when Financial Adviser went to press, however it is understood it plans to mint a coin in conjunction with the Royal Mint, with a gold content worth £500.
A spokesman for the Royal Mint confirmed it had been approached by the finance minister of Alderney to “explore the possibility of manufacturing a physical commemorative coin”, however he added that discussions had not progressed further.
A spokesman for HM Treasury declined to comment.
Adviser View
David Gibson, director of County Londonderry-based Gibson Financial Planning, said: “Personally I’ve been fascinated by stories surrounding Bitcoins, but it’s not a normal investment and certainly not something that I would recommend.”
