The Bitcoin-focused policy group aims to educate policymakers on the benefits Bitcoin can provide.
Bitcoin Policy UK was launched with the stated goal of unlocking the potential of Bitcoin for the UK economy. According to a press release sent to Bitcoin Magazine, the organization seeks to bring together various stakeholders, including policymakers, environmentalists, businesses, energy producers, and Bitcoin experts, to explore how Bitcoin can benefit households, businesses, and communities across the globe. United Kingdom. The ultimate goal, according to the statement, is to attract investment to the UK, create jobs and boost new industries while tapping into wasted and stranded energy resources.
According to co-founder Krista Edmunds, “The UK has an immense opportunity to become one of the first jurisdictions globally to adopt Bitcoin. We have seen what is possible in El Salvador, which is seeing huge gains due to its visionary approach. of the future for Bitcoin. The UK can secure a similar competitive advantage and we look forward to supporting the British in making that happen.”
The creation of the organization was inspired by The Bitcoin Collective’s first exclusive Bitcoin conference in Edinburgh, where the unique opportunity presented by the creation and global adoption of Bitcoin was identified. Bitcoin Policy UK is keen to collaborate with like-minded parties and work on initial projects, including responding to the UK government’s call for evidence on industry regulation and CBDC proposals.
The organization is also launching two projects on UK-founded Bitcoin fundraising platform Geyser. Those interested in contributing to the projects can visit https://geyser.fund/profile/3519. To become a member or support Bitcoin Policy UK initiatives, registration is open on their website, https://bitcoinpolicy.ukor by sending an email to [email protected].
The launch of Bitcoin Policy UK marks the first Bitcoin-only policy organization in the UK. The founders of the organization believe that Bitcoin can offer a variety of benefits to the UK economy and society, such as creating jobs, driving innovation and harnessing new energy resources. By collaborating with stakeholders across industries and responding to the UK government’s call for evidence on industry regulation and CBDC proposals, Bitcoin Policy UK seeks to unlock the potential of Bitcoin for the UK.