A coalition of influential UK trade associations is pressing the government to formally incorporate blockchain technology and digital assets into the forthcoming ‘Tech Bridge’ partnership with the United States. The initiative, designed to bolster cross-Atlantic technological cooperation, currently risks overlooking the transformative potential of distributed ledger technologies. Industry leaders argue that blockchain’s capacity to enhance supply chain transparency, streamline financial services, and secure digital infrastructure aligns perfectly with the program’s objectives. Excluding this rapidly evolving sector could put the UK at a competitive disadvantage in the global digital economy. The trade groups emphasize that proactive integration would not only foster innovation but also establish clear regulatory frameworks, encouraging investment and job creation within Britain’s burgeoning fintech and digital asset ecosystems. This move is seen as critical for maintaining the UK’s position as a forward-thinking hub for technological development post-Brexit, ensuring that bilateral cooperation with the US remains comprehensive and future-proof.
