A comprehensive summary of the UK House of Commons Treasury Committee report on government's approach to #cryptoassets & how they plan to balance the scales of innovation and risk. (1/16) #ShitcoinShutdown#DLT
2. Shoutout to @MatthewLINY for finding this document that was published May 10 2023. 🤝
In this thread, I am going to summarize some viewpoints of the UK Gov and I will post the document link at the end of the Thread! Lets dig in⏬ #Crypto#DLT#Blockchain
3. The Treasury Committee has called for the UK Gov to step up its efforts in regulating #cryptocurrency, amidst rising concerns about risks to consumers.
They advocate for a pragmatic and balanced approach to regulation, recognising the potential of #DLT in financial services.
If you thought #Crypto was a rabbit hole, wait till you start learning about the Digital Economy and start understanding how big this digital data revolution actually is!
Fellow Citizens, we are in the middle of the Fourth Industrial Revolution.
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