Matt Hancock, Member of the UK Parliament, made a statement to the parliament a short time ago. bitcoin He made striking statements about
Conservative Party member Hancock said: “The UK’s post-Brexit cryptocurrencies and that it can rise to a central position in the field of financial technologies”.
Opposing the claims that cryptocurrencies can disrupt the financial system, Hancock pointed out that there are claims that these platforms will disrupt human communication before social media platforms spread.
“I Would Consider Investing In Bitcoin”
Hancock also shared his views on the roles that cryptocurrencies can play in the British economy. Asked if he has an investment in Bitcoin, the lawmaker replied that he “has not invested yet, but is considering investing.”
Hancock continued his comments on cryptocurrencies as follows:
Cryptocurrencies are an investment for some people. But in addition to that, I think the technology underneath them has great potential. For example, cryptocurrencies could play a role in the British economy, thanks to smart contracts for payment and transparency.”
crypto and Blockchain Advocates of technology technologies believe that thanks to these technologies, the bureaucracy in business and other areas that require a great deal of management skills will be eliminated.
However, Bitcoin and Ethereum There are also those who argue that digital currencies such as digital currencies are uncontrolled and unstable, therefore they have the characteristics of risky investments.
Matt Hancock also noted that a supervisory infrastructure is needed if Great Britain continues to adopt this technology:
“A regulatory approach is also needed on this issue. For example, it is important that cryptocurrency ads are not misleading. In addition, we must ensure that crypto exchanges are robust and that people are not scammed. The supervisory regime to be brought to crypto technology must be libertarian. People should be able to freely buy and sell crypto assets.”