UK Crypto Community Poised for Growth Under Labour Government, Says Web3 Innovator

Harry Horsfall, CEO of Flight3, is optimistic about the UK’s crypto future under the new Labour government. Which he believes will more actively support Web3 innovations.

The Labour government’s strong parliamentary majority and interest in Web3 among party leaders are seen as promising for advancing policies favorable to the industry. However, Horsfall notes challenges, including the slow pace of regulatory development and traditional financial institutions’ hesitance. Despite these hurdles, he remains confident that with the right framework, the UK can emerge as a leading Web3 hub.

The upcoming Zebu Live Conference, hosted by Flight3, is expected to foster innovation and collaboration. Bridging gaps between the crypto industry and the government.

Clever Robot News Desk 16^th September 2024