A former investment banker turned savvy politician, Rishi Sunak has had an incredibly prolific career in just a short period of time.
He can propose legislation, issue regulations and push through new ideas.
The suggested bill, which proposes “a range of measures to maintain and enhance the U.K.’s position as a global leader in financial services,” is the first step, and a crucial one at that, toward greater clarity around technologies like cryptocurrencies and blockchain and would allow their development to further advance and their hold to strengthen.
And that can only ever be a positive thing.
I wish him good luck, bullish markets and a long journey ahead.
This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice.
Source: Cointelegraph
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