UK Wan Take Global Head For Digital Money Thing, Talk About Bitcoin And Stablecoins Inside Money And Debt Plan
UK government don announce big plan to be worldwide boss for digital money like Bitcoin and stablecoins. Some big groups for the business, like UK Cryptoasset Business Council and Global Digital Finance, don tell government make them appoint special person for blockchain and do plan like dem do for AI. This thing dey happen as digital money palaver dey increase and research dey show say blockchain fit make UK money sector grow well well by 2030. The Finance Minister don talk recently say dem get big dream to use digital money like Bitcoin and stablecoins to solve country debt problem and make money business new. This change in policy show say dem serious to follow the growing crypto and decentralized finance world. Although dem never give full details on how dem go regulate am or the money part, UK dey show say digital money dey important for the economy and government talk to make sure dem still fit compete with places like US, Singapore, and Hong Kong.
Bullish
UK government move wey dem strategic go towards blockchain and digital assets, especially dem dey push Bitcoin and stablecoins, show say mainstream fit adopt am well well and government fit support am. When dem announce say dem go put digital assets inside how dem dey manage money and debt, e dey make people for crypto market feel good, and e fit make big companies and small small traders show interest. Even though we no get the full details of how dem go do am yet, the way dem dey compete internationally and government involvement generally dey support say market go rise, especially for BTC and the main stablecoins. For small time, traders fit expect say price go jump up and down well well and trade volume go increase; for long time, this plan fit make people invest more and make the ecosystem for digital assets wey link to UK market grow well.