©2021 Smith + Crown
The UK’s Department for International Trade released a document on March 2nd noting that British trade negotiators aim to establish positive trade terms for small and medium-sized enterprises, including those in the blockchain sector in upcoming trade talks. Drafters intend for the brief to influence global policy towards blockchain technology. While there were no specific details beyond this general goal, the report did highlight an intent for increased blockchain partnerships between countries. According to its appendix, the inclusion of blockchain discussions, in part originated from lobbying efforts from businesses seeking to improve financial technology connections between the two nations.