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Coinbase to help UK on Web3 hub as Treasury reportedly revives blockchain taskforce

Published 04/18/2023, 12:24 AM
Updated 04/18/2023, 02:20 AM
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The United Kingdom could "turbocharge" its crypto sector and be an "innovation hub for the Web3 economy" as part of a vision laid out by cryptocurrency exchange Coinbase (NASDAQ:COIN).

The comments by the exchange coincide with an April 17 Sky News report that the U.K. Treasury is set to revive the Asset Management Taskforce with a focus on developing crypto regulation in collaboration with the private sector.

UK Treasury to revive Asset Management Taskforce

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