The head of Cavendish Investment Bank, Lisa Gordon, proposes taxing crypto purchases in the UK to redirect capital to local stocks.
Gordon expresses concern over the declining local market support and the rising ownership of cryptocurrencies by younger Britons.
She suggests cutting stamp duty on equities to make investing in local stocks more attractive.
Gordon believes that redirecting investments from crypto to local equities will support companies, innovation, job creation, and long-term economic development.