UK Appoints Emma Reynolds as Economic Secretary to Oversee Crypto
The U.K. government has appointed Emma Reynolds as the new Economic Secretary in charge of overseeing digital assets and central bank digital currencies — alongside the broader financial sector.
The appointment was announced on Tuesday following the resignation of Tulip Siddiq, who set out the government’s crypto agenda weeks ago.
It is not yet clear what the appointment of Reynolds, the former Parliamentary secretary at the Treasury, will do for the country’s crypto plans. However, the Financial Conduct Authority has already set out its agenda for a new crypto regime.
Reynolds previously worked at TheCityUK, a trade body, as a managing director and in a bill discussion in 2022 said that there were positives to the U.K. being a second…