(Bloomberg) -- The UK’s digital minister reiterated the government’s ambition to make Britain a global crypto hub while sounding a cautious note about the potential criminal uses of digital assets. “We do intend the United Kingdom and London to be crypto centers,” Chris Philp said in an interview with Bloomberg Radio on Wednesday.
What does the digital minister's latest comment mean for the crypto industry?
The digital minister’s latest comment came as a relative relief to the crypto industry in the mid of watchdogs set to maintain regulatory scrutiny on the sector.
Will the UK and London be crypto centers?
“We do intend the United Kingdom and London to be crypto centers,” Chris Philp said in an interview with Bloomberg Radio on Wednesday.
Can Hong Kong invest in cryptocurrency?
The government has allowed exchange-traded funds investing in CME Group Bitcoin and Ether futures, and sold its inaugural digital green bonds, which use digital ledgers to make the settlement and coupon payment process faster. 3. Is this Hong Kong’s first foray into crypto?
