Industry leaders are calling for the appointment of a blockchain envoy in the UK to boost digital asset innovation and compete globally.
A group of six UK trade bodies has called on Prime Minister Keir Starmer’s government to take action on blockchain and crypto policy.
In a letter to Varun Chandra, Starmer’s business and investment adviser, the group made a call for government action. They urged the appointment of a special envoy and the creation of a national strategy to boost digital asset innovation.
The coalition includes leading industry groups like the UK Cryptoasset Business Council and Global Digital Finance. They believe that such measures could unlock job growth and establish the UK as a global leader in the sector.
The letter also pointed to the recent momentum in the US, where President Donald Trump appointed a crypto czar to lead policy on blockchain. The coalition believes that Britain can mirror this success, especially with its growing tech partnership with the US.
The trade bodies estimate that blockchain and digital assets could contribute £57 billion to the UK economy over the next decade. Globally, the sector is expected to add £1.39 trillion to GDP by 2030.
With digital assets becoming central to global finance, the UK’s actions now may determine its future as a competitive crypto hub.
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