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UK Trade Bodies Seek Crypto and Blockchain Policy for Economic Growth, Project a £57 Billion Boost Over a Decade.

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A coalition of six prominent commercial associations in the UK urged the government to give priority to policies related to encryption technology and Blockchain in order to maintain a rapidly growing global digital economy.

On March 31, 2025, the Cryptoasset Business Council in the United Kingdom, Takuk, Global Digital Finance, the Payments Association, the Digital Currency Governance Group, and the Joint Innovation Current Cur Board a letter to Varon Chandra, Special Adviser to the Prime Minister in Business and Investments.

Moreover, the coalition stressed the need to obtain a coherent strategy to maintain the United Kingdom’s competitiveness in the global digital scene with the call to also focus on the strategic focus and alignment with the provision of investment, growth and jobs in the UK digital assets sector.

Moreover, they noticed the political transformation in the United States with regard to encryption and the appointment of Caesar Caesar during the era of President Trump’s administration and recommended that the United Kingdom appoint a special envoy from Blockchain, similar to the encryption of the United States, to enhance innovation in the United Kingdom and to ensure the country is competitively placed in the global digital landscape.

In addition, the group warned that the global digital race is currently being implemented and thus argued that the UK should remain flexible. Otherwise, it risk the reduction of countries such as Singapore, the United Arab Emirates and Hong Kong, which has already put forward strategies to attract Blockchain’s business.

Britain’s commitment to economic trading on technological cooperation with the United States focuses on “a great opportunity to reflect the US ambition to strengthen leadership in Blockchain, digital assets and other emerging financial technologies.”

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The United Kingdom can contribute to Crypto 1.39 trillion pounds to the gross domestic product by 2030.

The government work plan for Blockchain and Crypto is the need for the watch, according to the alliance. The action plan will include the main scout growth areas, the development of public sector support, and the assistance of startups in expansion in the United Kingdom through Conservatory Celsius.

It is worth noting that the group mentioned the need to observe the increasing interaction between artificial intelligence, Blockchain, and quantum computing. The use of the common force of these three technologies effectively can open the main developments in transparency, productivity and decentralization in various industries in the United Kingdom.

In addition, the coalition stated that “deep talent gatherings in the United Kingdom, access to capital, global -level academic institutions, and advanced institutions” create a suitable environment as “Blockchain innovation” flourishes.

Quoted from the research conducted by PWC and Chainanalysis, coalition projects that can boost Blockchain technology the country’s economy by $ 57 billion in the next decade, with the addition of 1.39 trillion pounds to Global GDP by 2030.

Finally, the letter suggested creating a high -level forum that includes industry leaders, government officials and organizers to help facilitate smart regulations. This approach argues, as the coalition argues, that would guarantee cooperation between sectors and reach politics decisions to enhance the gradual view of Blockchain developments.

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Main meals

  • The coalition proposes the appointment of a Blockchain special envoy and the creation of an industrial rule.

  • The Blockchain sector can add 57 billion pounds to the UK economy over the next decade.

  • The global Blockchain market may reach 1.39 trillion pounds by 2030, highlighting its economic potential

Post -Kingdom commercial bodies seek to obtain a policy of encryption and Blockchain for economic growth, offering a batch of 57 billion pounds for a decade. First appeared on 99bitcoins.

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