UK Trade Associations Ask Government for Dedicated Plan for Crypto
Several British trade associations have urged Prime Minister Keir Starmer to appoint a special envoy for crypto and develop a dedicated action plan for digital assets and blockchain technology.
In a letter dated March 31, six UK digital economy trade bodies requested a greater strategic focus from Starmer’s special adviser on business and investment, Varun Chandra, to promote investment, growth, and jobs in the crypto industry.
The coalition, including the UK Cryptoasset Business Council, Global Digital Finance, The Payments Association, Digital Currencies Governance Group, the Crypto Council for Innovation, and techUK, highlighted the US policy shift under President Donald Trump and the appointment of a crypto czar.
The letter emphasized that Britain’s commitment to a trade deal with the US, centered on technological cooperation, offers a significant opportunity to emulate the United States’ leadership in blockchain, digital assets, and emerging financial technologies.
