UK Trade Bodies Call for Government Action on Blockchain and Crypto Innovation

Urgent letter to No.10 highlights the need for a coordinated strategy in the cryptocurrency sector

Highlights:

  • UK trade bodies have written to the Prime Minister urging support for blockchain and crypto industries.
  • The letter emphasizes the importance of a unified government strategy to foster innovation.
  • The initiative aims to position the UK as a leader in the global blockchain and crypto market.

In a concerted effort to bolster the UK’s position in the rapidly evolving blockchain and cryptocurrency sectors, several leading trade bodies have appealed directly to the Prime Minister. They advocate for a cohesive government approach to support and accelerate innovation within these industries. This initiative not only highlights the potential economic benefits but also seeks to ensure that the UK remains competitive on the global stage.

Olivia Bennett
Olivia Bennett
Olivia Bennett is a financial reporter and commentator with a deep interest in emerging fintech models, digital currencies, and financial automation. She focuses on how AI, blockchain, and open finance are redefining the future of money and banking.

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