Cabinet Change in England: Crypto and CBDC Authority Changed to a New Name!

When the United Kingdom went through a cabinet reshuffle, the authority over cryptocurrencies and CBDCs passed to a new name.

United Kingdom 13 November There was a cabinet reshuffle on the day. With this critical change, the authority on cryptocurrencies and central bank digital currency (CBDC) was transferred from Andrew Griffith to Bim Afolami. Bim Afolami’s new status economic secretary to the UK Treasury It was recorded as.

Griffith to regulators during his tenure. cryptocurrency audits More about authorized And constructive steps had him expelled.

Afolami, who took over the authority last year coinbase He attracted attention by meeting with the officials of a cryptocurrency exchange such as. In an article published by Afolami at the time, the UK’s needs for financial servicesan appropriate regulatory regime He emphasized that he should have it.

British Prime Minister, who stands out from time to time with his pro-cryptocurrency rhetoric Rishi Altar This change in the cabinet In the elections in 2025 He stated that he did it to perform better. On Monday, Interior Minister Suella Braverman was also dismissed and replaced by James Cleverly.

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