![image.png](https://ipfs.busy.org/ipfs/QmXFMta4UNHNsAhiwdVDycvNppbGJa4pAsjUDALXFynYzh)

The special team that will work on the crypto money and Blockchain technology recently opened by the UK; throwing the first step; crypto money and Blockchain sectors.

Opening meeting was held yesterday; According to the official website of the British government, the exploration of the effects of cryptic money, the potential positive effects or damages, the promotion of the use of Blockchain technology in the financial sector, and which rules should come up on these issues.

The team, founded by the Undersecretary of the Ministry of Finance Philip Hammond in March, was set up to realize the goal of becoming the best UK Fintech country on earth.

Dave Remsden, deputy chairman of the Bank of England, said in a statement that Blockchain technology would make a significant contribution to both the UK economy and the finance sector.

"Blockchain is a very important technology for us. We have built up a team that will work closely with the relevant departments and we want to know more about this technology. I hope we will see all benefits, losses and risks more clearly with this team work. "

The group that will try to bring a point of view both academically and in the face of investors, customers, banks and supervisory boards; the first report will be published at the usual meeting in July.


@cleverbot
@banjo


![U5du2A6jcYDNX5bgRFFpxcnZ9XhMoRS.gif](https://ipfs.busy.org/ipfs/QmRozUvXh9EaNPooV19XkDSQ5AtJwUoDeEeRpz5USQoNdN)