What Can the UK Learn From the US Infrastructure Bill Crypto Debacle?

What Can the UK Learn From the US Infrastructure Bill Crypto Debacle?

The provision caused much contention. Here to explain why is Nick Saponaro . He is the co-founder and CEO of the Divi Project , a decentralised payment ecosystem that’s on a mission to improve people’s lives by making crypto easy. A dedicated proponent of the founding principles of the crypto movement as set out by its originator Satoshi Nakamoto, Nick is working towards the delivery of a new paradigm for financial services. One that is truly decentralised, accessible to all, and works for everyone. The crypto industry offers massive potential for driving world-leading innovation, wealth creation, and supporting the unbanked to access critical services that up until now they’ve been denied. What’s more, it can do this with or without support from the world’s governments and legislators. The decentralised nature of blockchain platforms that support cryptocurrencies is enabling them to find ways around most obstacles. More use-cases are being uncovered every day and because of this, the industry is expanding in virtually every economy. But, going it alone is not optimal. Having a healthy working relationship with the State would help accelerate innovation, bring validation through regulation, and generate tax revenues for the economy. It was therefore disappointing to see