UK Trade Bodies Want Crypto to Become a “Strategic Priority,” Urge Deep US-Tech Alignment

A coalition of six UK digital economy trade associations (including UK Cryptoasset Business Council, Global Digital Finance, techUK, and others) have written to PM Keir Starmer urging the government to treat crypto and blockchain as strategic priorities.

They recommend appointing a special envoy for crypto/blockchain (a role like the U.S. “crypto czar”), developing a dedicated government action plan, and creating a regulator-industry-government forum to support innovation and jobs.

The trade bodies point out that with the UK entering a trade deal with the U.S. emphasizing tech cooperation, there’s a prime chance to mirror U.S. ambitions in digital assets, emerging tech, and blockchain.

They also estimate that crypto & blockchain could deliver $73.6 billion) in economic growth over the next decade if the UK acts strategically.

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