So, a bunch of British trade associations decided to pen a letter to Prime Minister Keir Starmer, basically saying, “Hey, how about we get serious about this crypto thing, huh?” They’re asking for a crypto guru, someone who lives and breathes blockchain, to be the UK’s special envoy. Because, you know, we can’t let the U.S. have all the fun with their crypto czar.
On March31, this coalition of six – yeah, count ’em, six – digital economy trade bodies wrote to Starmer’s business and investment whisperer, Varun Chandra. They’re like, “We need a plan, Stan. A real plan for growth, jobs, and all that jazz in the crypto world.”
The group, which includes names that sound like they were picked from a tech startup name generator, pointed out how the U.S. is going full throttle on crypto under President Donald Trump. And they’re all, “Why can’t we have what they’re having?”
They dream of a UK that’s a tech powerhouse, cozying up to the U.S. with a trade deal focused on tech. “Imagine,” they say, “if we could lead in blockchain and digital assets like the U.S. is doing. Just think of the possibilities!”
Their wish list? A blockchain envoy to wave the UK flag in global markets, a government action plan (because who doesn’t love a good plan?), and a concierge service for high-potential firms. Because, honestly, who wouldn’t want a concierge to handle their crypto needs?
And, oh, they want the government to see the beauty in the tangled web of blockchain, quantum computing, and AI. “Use it for government services,” they suggest. “It’ll be like magic.”
Also on their wishlist: a fancy forum where industry bigwigs, government suits, and regulators can all sit down and talk about the future. Because, let’s face it, nothing says progress like a good old-fashioned meeting.
“With our talent, money, universities, and regulators,” they boast, “the UK is like the perfect storm for digital assets and blockchain. We could be huge!”
They’re talking about a potential £57 billion boost to the UK economy over the next decade. That’s billion with a ‘B’. And globally? They’re dreaming of a £1.39 trillion impact by2030. Yeah, trillion with a ‘T’.
Tom Griffiths, a crypto compliance guy, chimed in on LinkedIn, saying the Financial Conduct Authority has talent but is falling behind places like Dubai and Singapore. “Now’s the time to act,” he warns, “or we’ll miss out on this digital gold rush.”
So, there you have it. The UK’s trade bodies are practically begging for a piece of the crypto pie before it’s all gobbled up. Will the government listen, or will they be too busy watching paint dry? Stay tuned…
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2025-04-02 06:49