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UK parliamentary group launches investigation into crypto industry



Time:8/7/2022 12:08:10 PM

[UK Parliamentary Group Investigates Encryption Industry] Golden Finance News, on August 7, the Encryption and Digital Assets All-Party Parliamentary Group (APPG) stated that it has begun an investigation into the British encryption industry with the aim of producing a report and recommendations , to share with the government.

The bipartisan group is made up of MPs and Lords from the major political parties and serves as a forum for policymakers and the UK crypto industry to discuss the industry. In a press release, the APPG said the inquiry will focus on key policy issues related to cryptocurrencies and digital assets in the UK and is accepting written submissions until September 5.

The group wants to hear from crypto operators, regulators, industry experts and governments about the role of regulation, CBDCs, consumer protection and economic crime. It also plans to hold several evidence conferences in the coming months. (the block)

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