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Ex-chancellor Hammond ‘disappointed’ with UK’s crypto progress: ‘Sunak must deliver on promises’

In an exclusive discussion with Financial News for Barron's Live, Lord Hammond called on the new prime minister to push forward on making the UK a crypto leader

Ex-chancellor Hammond ‘disappointed’ with UK’s crypto progress: ‘Sunak must deliver on promises’
Photo: Niklas Halle'N/Getty Images

The new prime minister must take the UK's crypto ambitions seriously to avoid falling behind other countries, former chancellor Lord Philip Hammond told Financial News.

Lord Hammond criticised the government for not delivering on its promises to turn the UK into a crypto leader as the EU presses ahead to "regulate this properly".

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