Set out a pro-innovation strategy for blockchain and stablecoins

For centuries London was the centre of global trade and finance. We consider that the future is digital where equities, bonds and real world assets exist as tokens - tradeable 24/7, instantly, globally. We consider stablecoins to be the basis of a tokenised economy; the US has ruled out CBDCs and is leaning into stablecoins. The UK is at a crossroads and we believe it will fall behind without a strategy. This is a question of national interest to preserve the competitiveness of the City and sterling’s global standing.