On April 2nd, according to Cointelegraph, six digital economy trade institutions in the UK recently wrote to Prime Minister's special advisor Varun Chandra, calling for the government to appoint a dedicated blockchain and crypto asset special envoy and develop a specific action plan to promote industry investment, growth, and employment. The alliance noted that the United States established a crypto affairs director under the Trump administration and increased investment in crypto policy, suggesting that the UK could seize global competitive opportunities through its economic and trade agreement with the US, establishing a leading position in digital assets and financial technology. Additionally, the letter recommended that the government should pay attention to the collaborative potential between blockchain, quantum computing, and artificial intelligence technologies.

The alliance believes that crypto and blockchain technologies could contribute 57 billion pounds to the UK economy in the next decade and potentially bring up to 1.39 trillion pounds in global GDP growth. Tom Griffiths, co-founder of BitCompli, stated on LinkedIn that although the UK Financial Conduct Authority (FCA) has talent and planning, the UK is falling behind locations like Dubai and Singapore. Now is a critical moment for the FCA to act to avoid missing long-term development opportunities brought by digital assets.