A coalition of six UK trade associations urges the government to prioritize crypto and blockchain technology policies to stay relevant in the global digital economy.
The coalition calls for a coherent strategy to maintain the UK's competitiveness, greater strategic focus, and the appointment of a blockchain special envoy.
They highlight the need for a dedicated government action plan for blockchain and crypto, the interplay between AI, blockchain, and quantum computing, and the UK's potential for blockchain innovation.
Research indicates that blockchain technology could contribute £57 billion to the UK economy over the next decade and add £1.39 trillion to the global GDP by 2030.