In the United Kingdom, six leading organizations in the crypto and Blockchain area called for Prime Minister Keir Starmer and asked the government to declare the crypto to a “strategic priority .. Inspired by US recent moves on digital assets, sector representatives stressed that Urgent steps should be taken to maintain the global competitiveness of the UK.
The sector demands a private ambassador for crypto from the government
In an open letter sent on March 31, UK Cryptoasset Business Council signed important institutions such as Global Digital Finance, The Payments Association, Digital Currencies Govenance Group, Crypto Council for Innovation and Techuk. The letter was forwarded to the Prime Minister’s investment consultant Varun Chandra.
Sector representatives, US President Donald Trump’s appointment of a special representative for the crypto, the British should take the same step, he said. The government demanded a regulatory harmony, promoting innovation and advantage in global competition with a special representative for crypto.
Call for a special action plan for crypto and blockchain
The coalition suggested not only with the representative, but also the preparation of a private government action plan for the crypto. In addition, he emphasized that a special “Concierge” support service should be established in order to attract high potential companies to the country.
Blockchain, artificial intelligence and quantum informatics, such as the intersection of future technologies, the evaluation of these technologies in public services should be used more actively. It was emphasized that these initiatives will strengthen the country’s technology pioneering.
Continuous communication proposal with common platform and sector
The relevant organizations also demanded the creation of a high level of interaction platform for regular cooperation between the government, regulators and private sector. In this way, more conscious policy decisions can be made and regulations can be shaped in accordance with the real needs of the sector.
“The UK offers a unique environment for the development of digital assets with its talent pool, capital access, academic infrastructure and experienced regulators.
Crypto potential of 57 billion pounds!
Coalition, crypto and blockchain technologies in the next decade of the United Kingdom economy can contribute to the economy of 57 billion pounds (approximately $ 74 billion), he said. On a global basis, this contribution is expected to reach 1.8 trillion dollars by 2030.
Bitcompli’s founding partner Tom Griffiths said that FCA should not miss this opportunity by supporting this call through LinkedIn. “FCA’s vision is strong, but the difference with Dubai, Singapore and EU countries is rapidly opening,” Griffiths said.
