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UK trade bodies ask government to make crypto a ‘strategic priority’

cryptoweekly by cryptoweekly
April 2, 2025
in bitcoin, News
0

Blockchain and tech trade associations want UK Prime Minister Keir Starmer’s office to follow the US and appoint a special envoy dedicated to crypto.

Several British trade associations have asked Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology.

In a March 31 letter, the coalition of six UK digital economy trade bodies urged Starmer’s special adviser on business and investment, Varun Chandra, for a “greater strategic focus and alignment to deliver investment, growth and jobs” for the crypto industry. 

The group, which consisted of the UK Cryptoasset Business Council, Global Digital Finance, The Payments Association, Digital Currencies Governance Group, the Crypto Council for Innovation and techUK, noted the US policy shift on crypto under President Donald Trump and his appointment of a crypto czar.

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  • TradFi could move onchain due to ‘horrible banking experiences’
  • Analysts raise chance of SOL, XRP and LTC ETF approval to 95%
  • Bitcoin ‘vertical acceleration’ off the table for now: Bitfinex
  • Circle applies for US trust bank charter to manage its USDC reserve
  • SOL price rallies to $161 after ETF news, but is the rally sustainable?
  • ETH trading pattern points to 100% rally to $5,000: What are the odds?
  • Bitcoin holds steady as major catalysts align for breakout above $110K

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