UK financial reforms push for more investment in crypto businesses

UK’s financial services, in an effort to boost economic growth post-Brexit. Issuing a digital pound, experimenting with blockchain and boosting investment in crypto businesses made the cut. The government is committing to publish a consultation on establishing a central bank digital currency for the UK. The Treasury and the Bank of England continue to investigate the digital pound, as plenty of jurisdictions around the world scramble to issue their own central bank-backed digital coin. investors to bring their funds into the UK’s crypto industry.