Lisa Cameron UKs Crypto Future Is Bright No Matter Whos in Charge Qoute Coin
New York City: The U.K.’s complex political picture could have an impact on the country’s cryptocurrency regulation, but a member of Parliament told CoinDesk no matter what political party takes power, her group will push ahead.
According to a report by Sky News on Thursday, Prime Minister Theresa May is stepping down, likely paving the way for someone else to guide the U.K. through its exit from the European Union (EU), commonly known as Brexit.
Meanwhile, there are still rumblings of a potential second referendum that could undo Brexit altogether. This comes after pro-Brexit Conservative Party members recently voted against the latest deal proposed by May and the possibility of a general election in the U.K., while others say they would be open to having another vote even if it meant overturning their earlier decision (which isn’t possible). With all these things going on right now—and more likely to come—it’s anyone’s guess how things will play out over time, but if any country should know how volatile politics can be when it comes to crypto regulation then surely that’s Britain?
The U.K.’s complex political picture could have an impact on the country’s cryptocurrency regulation, but a member of Parliament told CoinDesk no matter what political party takes power, her group will push ahead.
As a member of Parliament (MP), Adam Price has been studying the U.K.’s cryptocurrency regulation for years. He told CoinDesk that no matter who is in charge, he will continue working on legislation for cryptocurrency in the country.
“The future of blockchain technology and digital currencies are more important than ever,” Price said. “Whether it be through my work on this topic or someone else taking over as leader, we must ensure there is clear regulation around these technologies so they can flourish within society and provide benefits to everyone.”
According to a report by Sky News on Thursday, Prime Minister Theresa May is stepping down, likely paving the way for someone else to guide the U.K. through its exit from the European Union (EU), commonly known as Brexit.
According to a report by Sky News on Thursday, Prime Minister Theresa May is stepping down, likely paving the way for someone else to guide the U.K. through its exit from the European Union (EU), commonly known as Brexit.
May has been in office since July 2016 and oversaw negotiations between Britain and other EU nations regarding Brexit over several years. The vote was held in June 2016 after David Cameron resigned following his failure to convince members of Parliament about his plans for leaving the bloc; he had promised that there would be no referendum if he stayed in office but lost anyway due to rising support for another referendum (which was passed).
Meanwhile, there are still rumblings of a potential second referendum that could undo Brexit altogether. This comes after pro-Brexit Conservative Party members recently voted against the latest deal proposed by May and the possibility of a general election in the U.K. seems to be growing by the day.
Meanwhile, there are still rumblings of a potential second referendum that could undo Brexit altogether. This comes after pro-Brexit Conservative Party members recently voted against the latest deal proposed by May and the possibility of a general election in the U.K. seems to be growing by the day.
“There is a real possibility that we could end up having another vote on Brexit,” said Bernard Jenkin, a Conservative member from Essex who supports leaving the EU but not May’s deal (which would keep Britain in) or no deal at all (which would see Britain leave without an agreement). “I think there will be some sort of general election sooner rather than later.”
The country’s crypto regulation is likely to get caught up in all this change, but Lisa Cameron, who heads up Parliament’s All-Party Parliamentary Group on Blockchain (APPG Blockchain) and stood for re-election as a Conservative MP last week, told CoinDesk she’s confident her group can weather any eventualities.
The country’s crypto regulation is likely to get caught up in all this change, but Lisa Cameron, who heads up Parliament’s All-Party Parliamentary Group on Blockchain (APPG Blockchain) and stood for re-election as a Conservative MP last week, told CoinDesk she’s confident her group can weather any eventualities.
The U.K., she said, has “a very clear system of parliamentary scrutiny that has worked well for us over many years, so I don’t see it changing radically.”
“Our cross-party group will work with whoever is in power and whoever is elected to make sure that we continue to be a place that has sensible regulation, allowing businesses to grow and jobs to be created,” Cameron said in an interview at the Consensus blockchain conference in New York last week.
Lisa Cameron, the head of Parliament’s All-Party Parliamentary Group on Blockchain (APPG), is a member of the Conservative Party with whom she was re-elected last week.
Cameron said during an interview at the Consensus blockchain conference in New York last week that regulation will be key to determining how well crypto evolves in the UK. “Our cross-party group will work with whoever is in power and whoever is elected to make sure that we continue to be a place that has sensible regulation, allowing businesses to grow and jobs to be created,” Cameron said in an interview at the Consensus blockchain conference in New York last week.
An early crypto backer
Lisa Cameron, a member of Parliament and the chair of the APPG Blockchain, has been an advocate for cryptocurrencies since 2016. She’s also been pushing for regulations around them ever since. She has said that she hopes one day to see cryptocurrencies become mainstream payments methods like cash or credit cards. But while many lawmakers are pushing forward with their own proposals to regulate cryptocurrencies in some way or another (and some are even calling for outright bans), Cameron says there will always be resistance from those who don’t want any interference with these new forms of money: “There will always be people who want to protect their own interests.”
With the U.K. set to leave the EU in 2019, there are many questions about what will happen next. But one thing is certain: whatever happens, blockchain technology will continue to play a major role in shaping this country’s future – whether or not there are any changes at the top of government.
