NEW: UK Parliament Member Urges Government to Embrace Blockchain Technology

UK Member of Parliament Natalie Elphicke has advocated for greater government support for blockchain technology. Speaking at an event in the House of Commons, she emphasized the need for the UK to lead in harnessing blockchain’s potential. Elphicke chairs the All Party Parliamentary Group on Blockchain Technologies, which aims to advance understanding and application. She highlighted blockchain’s potential in enhancing supply chain transparency and digital identity. Elphicke urged the UK to keep pace with global regulators and collaborate with other nations on blockchain matters. Meanwhile, the US and Belgium have made strides in blockchain legislation.

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