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MPs urge appointment of a crypto tsar amid call for ‘immediate crypto regulations’
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The all-party parliamentary group for crypto and digital assets has called for urgent measures to regulate crypto in the UK and wants the government to consider appointing a 'crypto tsar' to ensure efforts across various departments with a stake in the sector are coordinated.
In a report published on 5 June, the cross-party group of MPs and Lords, led by Lisa Cameron made 53 recommendations on crypto regulations and noted that the next 12-18 months are important to ensure UK’s early leadership in the global crypto sector.
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