In appointing Hammond, Copper will be leaning on his connections and high public profile to make the case for the need to connect traditional finance with distributed ledger technology and reform the UK’s regulatory framework governing digital assets.Says Hammond: "Recent security and regulatory challenges affecting the digital asset sector have only served to emphasise the need for safe, well-regulated trading infrastructure. I remain firmly of the view that the post-Brexit UK financial services sector needs to embrace distributed ledger technology as a key part of its strategy to remain a major global financial centre.
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