🇬🇧 Government recognises the transformative potential of #Blockchain technologies to drive economic growth in the UK
🎤 Labour MP Tristan Osborne asks HM Treasury Chancellor of the Exchequer, whether she has made an assessment of the potential impact of introducing clearer regulatory and tax frameworks for cryptoasset investment on
a) high-skilled job creation and
b) assets under management.
🎤 In response, Lucy Rigby KC MP responded that the government recognises the transformative potential for digital assets and #blockchain technologies to drive economic growth in the UK and increase efficiencies across financial markets.
That is why the government is bringing in legislation to establish a new financial services regulatory regime for cryptoassets.
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➡️ The BBA, estsblished in 2017, is the world's leading industry body advancing evidence-based adoption of Blockchain and Digital Assets technologies. It is also the Secretariat of APPG on Blockchain Technologies.
🎤 Labour MP Tristan Osborne asks HM Treasury Chancellor of the Exchequer, whether she has made an assessment of the potential impact of introducing clearer regulatory and tax frameworks for cryptoasset investment on
a) high-skilled job creation and
b) assets under management.
🎤 In response, Lucy Rigby KC MP responded that the government recognises the transformative potential for digital assets and #blockchain technologies to drive economic growth in the UK and increase efficiencies across financial markets.
That is why the government is bringing in legislation to establish a new financial services regulatory regime for cryptoassets.
----
➡️ The BBA, estsblished in 2017, is the world's leading industry body advancing evidence-based adoption of Blockchain and Digital Assets technologies. It is also the Secretariat of APPG on Blockchain Technologies.