TechFlow, April 2 — According to Cointelegraph, several UK industry associations have jointly sent a letter to the office of Prime Minister Keir Starmer, urging the appointment of a dedicated cryptocurrency envoy and the development of a special action plan for digital assets and blockchain technology.
The letter was co-signed by six digital economy industry associations, including the UK Cryptoassets Business Committee, Global Digital Finance, and the Payments Association. They recommend following the US model by appointing a blockchain envoy to coordinate policies and foster innovation. The associations also called for establishing a high-level dialogue mechanism among industry, government, and regulators, as well as creating dedicated support services for high-potential companies.
These associations estimate that cryptocurrency and blockchain technology could contribute approximately $73.6 billion to the UK economy over the next decade and potentially add around $1.8 trillion to global GDP by 2030.
