UK Parliamentary Group Starts An Investigation Into The Crypto Market
The UK’s crypto industry is the subject of an investigation by the Crypto and Digital Assets All Party Parliamentary Group (APPG), which plans to produce a report and make recommendations to the government.
The bipartisan group serves as a venue for policymakers and the UK crypto sector to debate the market. Its members are MPs and lords from the major political parties.
UK crypto and digital assets
The inquiry will focus on key policy issues concerning UK crypto and digital assets, with written submissions accepted until Sept. 5, the APPG said in a news release.
The committee is interested in hearing opinions on the role of regulation, CBDCs, consumer protection, and economic crime from crypto operators, regulators, industry experts, and the government. Additionally, it has several evidence sessions scheduled for the upcoming months.
MP Lisa Cameron, chair of APPG, said:
“It’s vital that the UK does not take its foot off the gas and that government and regulators keep to their commitments when it comes to crypto and digital assets.”
The group will also provide its findings to Parliament’s Treasury Select Committee, which has announced its own investigation into the industry.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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UK Parliamentary Group Starts An Investigation Into The Crypto Market
The UK’s crypto industry is the subject of an investigation by the Crypto and Digital Assets All Party Parliamentary Group (APPG), which plans to produce a report and make recommendations to the government.
The bipartisan group serves as a venue for policymakers and the UK crypto sector to debate the market. Its members are MPs and lords from the major political parties.
UK crypto and digital assets
The inquiry will focus on key policy issues concerning UK crypto and digital assets, with written submissions accepted until Sept. 5, the APPG said in a news release.
The committee is interested in hearing opinions on the role of regulation, CBDCs, consumer protection, and economic crime from crypto operators, regulators, industry experts, and the government. Additionally, it has several evidence sessions scheduled for the upcoming months.
MP Lisa Cameron, chair of APPG, said:
“It’s vital that the UK does not take its foot off the gas and that government and regulators keep to their commitments when it comes to crypto and digital assets.”
The group will also provide its findings to Parliament’s Treasury Select Committee, which has announced its own investigation into the industry.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Annie
CoinCu News
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