John Glen, Economic Secretary to the Treasury of the United Kingdom, delivered the keynote speech at the Innovate Finance Global Summit held in London last month.
Glen began his speech by stressing the enormous contributions financial services institutions, particularly “fintech unicorns,” have made to the UK; the UK is the leading European fintech hub and the second leading fintech country in the world (falling only behind the U.S.).
Given the high amount of activity and growth surrounding fintech in the UK, Glen has considerable knowledge regarding the country’s action plan for implementing cryptocurrency regulatory frameworks. He discussed this and more in his keynote speech, dissected and summarized below:
Read the full transcription of Glen’s keynote speech here.
