UK economic secretary commits to make country a crypto hub under new PM By Cointelegraph
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UK economic secretary commits to make country a crypto hub under new PMRichard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.”
In a parliamentary debate on crypto asset regulation in the U.K. on Wednesday, Fuller spoke in favor of “powerful” use cases for cryptocurrency and blockchain technology, including using distributed ledger technology for customs and international trade and storing medical records on the blockchain. Alexander Stafford, the parliamentary private secretary to newly elected PM Liz Truss, added the prime minister “reaffirmed” her commitment to providing internet connectivity for U.K. residents, which could allow access to buying, selling, and mining crypto.
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UK economic secretary commits to make country a crypto hub under new PMRichard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.”
In a parliamentary debate on crypto asset regulation in the U.K. on Wednesday, Fuller spoke in favor of “powerful” use cases for cryptocurrency and blockchain technology, including using distributed ledger technology for customs and international trade and storing medical records on the blockchain. Alexander Stafford, the parliamentary private secretary to newly elected PM Liz Truss, added the prime minister “reaffirmed” her commitment to providing internet connectivity for U.K. residents, which could allow access to buying, selling, and mining crypto.
Continue Reading on Coin Telegraph
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