The United Kingdom should deliberately position itself as a Bitcoin-friendly country alongside Switzerland and Japan to boost the economy of the nation that has been damaged by Brexit.
That’s the opinion of Nigel Green, the CEO of deVere Group, a major independent wealth advisory firm with $12 billion under advisement. In commentary shared with CCN, Green stated that the UK’s economy is facing a high risk of an upcoming recession with Brexit wounding the country’s vital financial services industry.
According to the deVere CEO, Britain’s financial services sector – that makes up approximately 6.5% of the nation’s overall GDP – could be reinvigorated by creating a pro-business, innovative, and well-regulated market with a focus on attracting cryptocurrency businesses.
Reference: https://www.ccn.com/news/bitcoin-brexit-uk-economy/2019/07/09/
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