{"id":66276,"date":"2022-08-06T09:03:18","date_gmt":"2022-08-06T09:03:18","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=66276"},"modified":"2022-08-06T09:03:18","modified_gmt":"2022-08-06T09:03:18","slug":"uk-parliamentary-group-seeks-views-of-crypto-industry-players","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=66276","title":{"rendered":"UK Parliamentary Group Seeks Views of Crypto Industry Players"},"content":{"rendered":"

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A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country\u2019s present approach to crypto and digital asset regulation. In addition to gathering information via evidence sessions, the APPG said it is also open to views from players in the sector.<\/strong><\/p>\n

Making the UK the \u2018Global Home of Crypto Investment\u2019<\/h2>\n

A United Kingdom (U.K.) parliamentary committee known as the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry into the country\u2019s crypto and digital assets sector. The inquiry will focus on the country\u2019s current approach to the regulation of crypto and digital assets. It will also examine the U.K. government\u2019s plans to make the country a \u201cglobal home of crypto investment.\u201d<\/p>\n

In a statement,<\/a> the parliamentary group said it will hold several evidence sessions over the coming months. Besides gathering evidence via public meetings, the APPG said it is also open to views from players in the sector like crypto operators, regulators, and industry experts.<\/p>\n

After the inquest period is over, the APPG said it will prepare \u201ca report with key recommendations and will share its findings with Government for consideration.\u201d The report will also be shared with the Treasury Select Committee in parliament.<\/p>\n<\/p>\n

Crucial Time for Crypto Industry<\/h2>\n

Remarking on the launch of the inquiry, Lisa Cameron, the chairperson of the Crypto and Digital Assets APPG, said:<\/p>\n

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The UK Crypto sector has seen increased interest from consumers and regulators as the number of people who now own some form of cryptocurrency or digital asset has grown in recent years. We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated.<\/p>\n<\/blockquote>\n

Cameron added the group will also look at concerns about financial crimes and advertising in the U.K.\u2019s crypto sector. The APPG will further look at the steps taken by regulators from other jurisdictions.<\/p>\n

Meanwhile, the group\u2019s statement said submissions by individuals and organizations that wish to air their views must be sent via email on or before September 5. The statement also revealed that the APPG \u201cwill accept relevant reports and research as part of any written submission as an appendix.\u201d<\/p>\n

What are your thoughts on this story? Let us know what you think in the comments section below. <\/strong><\/em><\/p>\n

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A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country\u2019s present approach to crypto and digital asset regulation. In addition to gathering information via evidence sessions, the APPG said it is also open to views from […]<\/p>\n","protected":false},"author":2,"featured_media":66277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-66276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/66276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66276"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/66276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/66277"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}