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CryptoUK Joins Nine Groups in Push to Keep Clause 50 in U.K. Bill

Clause 50 would require the Treasury to develop and consult on a national Digital Assets Strategy.

A blank bill rests on a green bench in Westminster / TokenPost.ai
A blank bill rests on a green bench in Westminster / TokenPost.ai

CryptoUK has joined nine other organizations urging the U.K. government to keep Clause 50 in the Financial Services and Markets Bill, which would require the Treasury to prepare a national digital-assets strategy.

The strategy is intended to coordinate work across government, regulators and industry.

CryptoUK and The Digital Chamber formed a U.S.-U.K. working group on digital-asset policy.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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