UK Member of Parliament Highlights Cryptocurrencies - Coinleaks
Current Date:September 21, 2024

UK Member of Parliament Highlights Cryptocurrencies

UK member of parliament Lisa CameronHe said he does not invest in cryptocurrencies but advocates regulations.

Lisa Cameron, a member of parliament since 2015, was held in Texas on April 28. Consensus 2023 made some important statements at the conference. Cameron after one of his voters fell victim to crypto United KingdomHe stated that he has started advocating crypto-related policies in his government.

Cameron: I Don’t Invest Personally

Lisa Cameron explained that she is an advocate for enacting regulations so that they can make the most of the industry’s potential while protecting consumers.

According to Cameron, the crypto market crash in 2022 provided the UK with an opportunity to spot potential bad actors in this space. Cameron, Rishi AltarReiterating the UK’s goal of making the UK a global hub for crypto, he said it’s not just one party’s MPs working to achieve that goal.

Cameron added that he has not personally invested in cryptocurrencies as he thinks it may affect his impartiality in the legislation.

However, underlining that there is a system that allows UK lawmakers to own digital assets, Cameron continued: “There will be very few people who are not involved in this sector in the next ten years.”

The UK government continues to work on the Financial Services and Markets Bill, which proposes the regulation of stablecoins as well as supporting the secure adoption of cryptocurrencies.