The United Kingdom would be seeking to make greater regulations in order to attract more investments around the cryptocurrencies and technology financials (fintech), assured on Wednesday Richard FullerBritish Treasury Secretary for Finance.
Fuller said he seeks to make the UK the country “chosen by talented people who aspire to create, innovate and build” in the ‘cryptoeconomics‘. Since April, the former British finance minister had been planning to turn the country into the “headquarters of cryptocurrencies“.
On September 7, 2022, the first debate was held westminster crypto in United Kingdomwhere the new Secretary of Economy of the Treasury participated, who announced his country’s interest in “crypto assets”.
With the recent renewal of the British Prime Minister and the departure of Boris Johnson, Richard Fuller He took office on July 8, according to Reuters, and has been announcing interest in Fintech.
For this reason, the new government of Prime Minister Liz Truss could be marked by a greater boost to the generation of jobs and investments around the ecosystem of cryptocurrencies.
British also foresee risks in cryptocurrencies that must be avoided
But not everything is happy accounts with the cryptocurrenciesas risks are also expected around this highly volatile market, and one of the biggest concerns is the money laundering.
For this reason, Fuller pointed out that there should be greater regulations to generate more confidence in investors, as well as greater clarity regarding the payment of taxes.
“Members have largely focused on the risks of new technology, consumer protection concerns and areas of regulatory clarity, but I suggest we all share the hope that through innovation and the creation of the right conditions, we can achieve opportunities for the crypto industry in the United Kingdom to contribute greatly to the growth of the economy in general,” said the Secretary of Economy of the Treasury.
We recommend you read:
The event also discussed preventing fraud against consumers of these digital assets, as well as the creation of digital currencies managed by central banks, in addition to the potential of blockchain.
—
With information from Reuters, Crypto UK and Gov.uk
#United #Kingdom #bets #Fintechs #cryptocurrencies #obtain #investments