British MP Lisa Cameron on Bitcoin and UK becoming international crypto hub

The United Kingdom could beryllium warming to Bitcoin (BTC) and crypto. Taking a timeout from Scotland’s archetypal major Bitcoin conference, Cointelegraph spoke to Dr. Lisa Cameron, a Member of Parliament who is spending much and much clip moving with integer assets. Cameron told Cointelegraph: 

“I person spoken to companies who are progressive successful CBDCs and stablecoins. We've looked astatine crypto tokens, and Bitcoin is evidently portion of the sector.”

As the Scottish National Party Member of Parliament for East Kilbride, Strathaven and Lesmahagow (areas of Scotland), Cameron works successful Westminster–a metonym for the Parliament of the United Kingdom. She rubs shoulders with the caller crypto-curious Prime Minister, Rishi Sunak.

Cameron is besides the chairperson of The Crypto and Digital Assets All-Party Parliamentary Group (APPG). The forum discusses "The challenges and opportunities relating to the crypto assemblage and explores the request for aboriginal regularisation of the sector.”

While the instauration of the APPG would suggest that Bitcoin and crypto mightiness beryllium making it mainstream, the aboriginal of wealth remains a fringe treatment taxable successful the United Kingdom. Interest successful “digital assets” waxes and wanes with the crypto carnivore and bull runs.

A Royal Mint NFT was precocious floated by the past Chancellor, present Prime Minister, Sunak, and the Bitcoin and crypto assemblage are progressively vocal successful response to surging ostentation rates. However, U.K. regulators person besides cracked the whip connected crypto advertisements and queried the instauration of digital plus laws.

British MP Lisa Cameron speaking with Cointelegraph's Joe Hall

For policymakers successful specified an environment, Cameron mentioned the value of acquisition successful parliament. Cameron explained: 

“We are connected a learning curve and it’s conscionable very, precise important due to the fact that the U.K. authorities has a argumentation imaginativeness that the U.K. volition go an planetary hub of cryptocurrency and integer assets.”

Speaking from her location country, the Scot told Cointelegraph that the “Key benignant of contented is astir user protection; it’s astir looking astatine regulatory frameworks moving up successful the UK. In a motion to treating Bitcoin otherwise from different cryptocurrencies, Cameron continued:

“In my knowing and from the league we’ve had astatine the Bitcoin conference, you know, immoderate of that relates to Bitcoin, immoderate possibly not each truthful greatly due to the fact that of the decentralized quality of it.”

Days aft the conference, Cameron took to the basal successful Parliament to transportation the Chancellor of the Exchequer, Jeremy Hunt, to sermon the UK’s imaginativeness of becoming a planetary crypto hub.

Chair of the APPG @DrLisaCameronMP asks to conscionable with Chancellor @Jeremy_Hunt astir @hmtreasury’s committedness to regularisation and user extortion and the immense imaginable of #crypto & #DigitalAssets successful occupation creation, innovation and growth. #cryptocurrency pic.twitter.com/yiuC89Ytf2

— Crypto & Digital Assets APPG (@cryptoappg) October 23, 2022

Cameron mentioned her information astatine the U.K. Bitcoin Conference and the Digital Assets Summit arsenic portion of her request.

Related: UK ostentation complaint hits 10.1%, British Bitcoin assemblage responds

Personally, Cameron conceded that she does not clasp immoderate crypto personally–and joked that she wouldn’t go a Bitcoin maximalist immoderate clip soon: “It would skew the report. It could, you know, mean that I'm little objective.”

When quizzed connected whether she preferred the clip spent astatine the crypto and NFT-friendly Digital Assets Summit oregon the Bitcoin league successful her location turf successful Edinburgh, she mentioned, “I bash person a spot of a leaning towards my location town,” though having a league successful London and a league successful Scotland’s superior is simply a bully thing: “They complement each other.”

This interrogation is portion of an upcoming Cointelegraph Youtube interview. Subscribe here.