CryptoMediaClub
Sunday, July 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Altcoins

UK Crypto Group Urges Government To Assess Risks of CBDC

06.06.2023
A A
0
135
VIEWS
ShareShare

UK Crypto

  • The British Crypto and Digital Assets All Party Parliamentary Group released the paper.
  • Dr. Lisa Cameron, an MP, is in charge of the APPG.

Despite the potential advantages connected with central bank digital currencies (CBDCs), the UK government should carefully assess and endeavor to minimize any risks linked with the establishment and possible adoption of the so-called digital pound.

This is especially important “in relation to financial stability, privacy, and security risks,” according to a paper released by the British Crypto and Digital Assets All Party Parliamentary Group (APPG) on Monday.

Vision for the UK to Become Global Hub

To better inform policy decisions, MPs and Lords in the UK Parliament create an independent, cross-party group known as the All-Party Parliamentary Groups (APPGs). The research cautioned the government to take precautions to prevent the adoption of any future digital pound from stifling innovation in the private sector.

According to the 52-page study titled, “Realising Government’s Vision for the UK to Become a Global Hub for Cryptocurrency & Fintech Innovation,” the Crypto and Digital Assets APPG has released the results of the investigation it conducted into the condition of the digital assets market in the UK last year.

Dr. Lisa Cameron, an MP, is in charge of the Crypto and Digital Assets All-Party Parliamentary Group, which meets to debate and investigate topics relating to digital currencies and assets. The Crypto APPG conducted an investigation into the need for crypto industry regulation and solicited feedback from operators, regulators, experts, and the common public.

In addition, the group held a number of public testimony sessions in Parliament, where specialists shared their knowledge on the most important considerations that the government must make in order to realize its vision for the sector.

Share10Tweet7ShareSharePin2

Related Posts

Solana gains 80% in a month as Firedancer goes live on testnet
Altcoins

Solana gains 80% in a month as Firedancer goes live on testnet

02.11.2023
0

Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the...

Read moreDetails
Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

30.10.2023
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

30.10.2023
Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

27.10.2023
FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

27.10.2023
Load More
Next Post

Ripple’s XRP Not Named a Security in the SEC’s Case Against Coinbase

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

German Finance Regulator BaFin Investigates Operators of Bitcoin Bank Breaker

2 years ago
Latin America’s Largest Online Platform Launches Dollar-Pegged Stablecoin

Latin America’s Largest Online Platform Launches Dollar-Pegged Stablecoin

11 months ago
Gurbir S. Grewal’s Departure Leaves a Hole at the SEC – Is This a Win for Crypto?

Gurbir S. Grewal’s Departure Leaves a Hole at the SEC – Is This a Win for Crypto?

10 months ago
Historical Bitcoin Price: How Much Was Bitcoin Worth from 2009 to 2013?

Historical Bitcoin Price: How Much Was Bitcoin Worth from 2009 to 2013?

8 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

What if Strategy Had Invested in XRP Instead of Bitcoin? 

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

How Little Pepe’s Layer 2 Chain Changes Meme Coin Hype, Raises $5 Million in Presale

Trending

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?
All news

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

27.07.2025
0

Ethereum spot ETFs have achieved a historic 17-day consecutive inflow streak, recording $453 million on Friday alone...

Bitcoin Price Prediction: Satoshi-Era Whale Exit Fuels Volatility — What’s Next?

Bitcoin Price Prediction: Satoshi-Era Whale Exit Fuels Volatility — What’s Next?

27.07.2025
Increased market volatility as the U.S.–Europe tariff deadline looms

Increased market volatility as the U.S.–Europe tariff deadline looms

27.07.2025
What if Strategy Had Invested in XRP Instead of Bitcoin? 

What if Strategy Had Invested in XRP Instead of Bitcoin? 

27.07.2025
Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

27.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz