Matt Hancock News

Boris Johnson faced intense scrutiny over his handling of the early stages of the pandemic in an appearance before the Covid inquiry in London. Johnson insisted that he was not adequately warned about the severity of Covid-19 in early 2020, attributing the lack of urgency to a prevailing sense of complacency within the government. He expressed regret for mistakes made but argued that some errors were unavoidable given the prevailing mindset at the time.

The cross party group, chaired by Dr Lisa Cameron MP, which is made up of MPs and Lords including the likes of former Digital Minister Lord Vaizey, member of the Treasury Select Committee Harriett Baldwin MP, and former Secretary of State Matt Hancock MP acts as a forum for parliamentarians, policymakers and the UK crypto sector to discuss policy and regulation of the industry.The terms of the inquiry are expansive, assessing the role of Government and regulators, consumer protection issues and the use of central bank digital currencies.The APPG inquiry comes at a time of increased scrutiny of the UK crypto and digital asset sector. HM Treasury announced plans earlier this year to make the UK the global home of crypto investment, seeking to attract crypto firms to the UK and to boost the nation's technology and fintech sector.

As the United Kingdom breaks away from the rest of the European Union, one Member of Parliament believes it could foster the growth of the country’s cryptocurrency industry while also making it more inclusive.

The former Secretary of State for Health and Social Care and current U.K. Member of Parliament (MP) Matt Hancock urged the House of Commons to make England the “home” of crypto.