Chair of the Crypto and Digital Assets APPG Calls for Clarity in Terms of UK Crypto Policy
  • CryptoUK
  • 31 October, 2022

Chair of the APPG, Lisa Cameron MP, speaks to the Times welcoming recent industry efforts to address the environmental impact of crypto and calls on Government, regulators and the cryptoasset industry to work together on ongoing sustainability issues.

Lisa Cameron MP, Chair of the Crypto and Digital Asset APPG, said:

“It’s clear that some cryptoassets can have a significant environmental impact. It’s important that we look at ways that Government, regulators and the cryptoasset industry can work together to move towards a more sustainable industry as Government seeks to make the UK the global home of crypto.

Industry efforts like the recent Ethereum ‘Merge’ are a welcome and positive step in the right direction and I am pleased to see some crypto operators taking proactive steps on sustainability.

Government has said that this is something it will look at as part of a wider review of cryptoasset regulation later this year. It is important that policymakers build a strong evidence base to properly understand the scale and impact of these challenges when making decisions over future regulation of the sector.”

You can read the full article (£) here