London — IO Joins CryptoUK to Shape UK’s Crypto Landscape
Input Output (IO), the blockchain infrastructure and research firm behind Cardano, has officially become a member of CryptoUK, the leading trade association for the UK’s digital asset industry.
Advocating for Innovation and Regulation
Founded in 2017, CryptoUK represents over 100 organizations in the crypto space, including exchanges, custodians, payment providers, law firms, and fintech companies. The association aims to position the UK as a global leader in crypto innovation by advocating for transparent and proportionate regulations and high standards of consumer protection.
As the secretariat to the Crypto and Digital Assets All-Party Parliamentary Group (APPG), CryptoUK plays a crucial role in facilitating dialogue between industry stakeholders and policymakers.
Collaborating for a Brighter Future
Cynthia Yang, Deputy General Counsel and Head of Regulatory and Government Affairs at IO, emphasized the importance of collaboration between industry and government in shaping the future of blockchain innovation in the UK. By joining CryptoUK, IO aims to leverage its technical and policy expertise to contribute to the development of a regulatory framework that fosters responsible growth while safeguarding consumer interests.
Welcoming a Blockchain Pioneer
With IO’s membership, CryptoUK gains a valuable partner in the form of a major blockchain innovator. IO, known for its work on Cardano, is renowned for its research and engineering in blockchain infrastructure. Cardano, one of the world’s leading blockchain platforms, is utilized across various sectors such as smart contracts, financial inclusion, and digital identity.
Su Carpenter, Executive Director at CryptoUK, expressed excitement over IO’s involvement, highlighting the company’s contributions to sustainable Web3 ecosystems and its commitment to advancing the UK’s digital asset landscape.
Shaping the Future of Crypto in the UK
IO’s decision to join CryptoUK underscores the UK’s growing significance as a crypto hub and underscores the industry’s commitment to engaging in regulatory discussions. With a diverse membership base, CryptoUK serves as a pivotal platform for shaping policy and driving adoption in the digital asset space.
By lending its global perspective and expertise in research, scalability, and sustainability to the association, IO aims to assist in creating a regulatory framework that balances innovation with consumer protection.