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

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The UK may be bitcoin-obsessed (Bitcoin) and cipher.Take a timeout from the beginning of Scotland Major Bitcoin Conference, Cointelegraph spoke to Congressman Lisa Cameron, who is spending more and more time working with digital assets. Cameron told Cointelegraph:

“I have spoken with companies involved in CBDCs and stablecoins. We looked at crypto tokens, and Bitcoin is clearly part of that space.”

A Scottish National Party Member of Parliament for East Kilbride, Strathaben and Lesmahgow (the regions of Scotland), Cameron works for Westminster (a synonym for the British Parliament).she rubs her shoulder with a new one Rishi Sunak, prime minister interested in crypto.

Cameron is also Chair of The Crypto and Digital Assets All-Party Parliamentary Group (APPG). He said on the forum that he will “discuss challenges and opportunities related to the crypto sector and explore the sector’s future regulatory needs.”

The creation of APPG suggests that bitcoin and cryptocurrencies may become mainstream, but the future of money remains a topic of marginal debate in the UK. It increases and decreases during bear and bull markets of a currency.

royal mint Non-Fungible Token (NFT) was recently surfaced by the prime minister at the timeNow Prime Minister, Sunak, And Bitcoin And Crypto Community Are Increasingly Spoken Response to rapid inflation rateHowever, UK regulators also whip crypto ads queried the creation of digital asset law.

British MP Lisa Cameron speaking with Cointelegraph’s Joe Hall

For policymakers in this environment, Cameron noted the importance of education in Congress. Cameron explained:

“We are on a learning curve, which is very important as the UK government has a policy vision for the UK to become an international hub for cryptocurrencies and digital assets.”

The Scottish native told Cointelegraph that a key issue is consumer protection. It is to consider the regulatory framework that is moving forward in the UK. Cameron agreed to treat Bitcoin differently than other cryptocurrencies, continuing:

“My understanding, from the sessions at the Bitcoin conference, is that some are bitcoin-related and some are not that big because of their decentralized nature.”

A few days after the conference, Cameron took to the parliamentary stand and pitched to Treasury Secretary Jeremy Hunt to discuss the UK’s vision of becoming a global cryptocurrency hub.

Cameron mentioned participation in the UK’s Bitcoin conference and Digital Asset Summit as part of his request.

Related: UK Inflation Hits 10.1%, UK Bitcoin Community Reacts

Privately, Cameron joked that he does not personally hold cryptocurrencies. Don’t be a Bitcoin maximalist Right away: “That would skew the report. It could mean I’m not objective.”

When asked if she preferred spending time at the crypto- and NFT-friendly digital asset summit, or the Bitcoin conference held at her home in Edinburgh, she said, “I’m leaning a bit towards my hometown. ‘, but it’s good to have a meeting in London and a meeting in the Scottish capital. They “complement each other.”

This interview is part of an upcoming Cointelegraph Youtube interview. Subscribe here.