UK launches the world’s first crypto assets task force

Britain has announced a plan to establish a special ‘task force’ for crypto assets, in a statement from the office of the Treasury of the UK. Philip Hammond, UK Finance Minister, said in the statement: I am committed to helping the sector grow and flourish, and our ambitious sector strategy sets out how we will ensure the U.K. remains at the cutting edge of the digital revolution. As part of that, a new task force will help the U.K. to manage the risks around crypto assets, as well as harnessing the potential benefits of the underlying technology. The initiative is…

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