Does Abena Oppong-Asare Support Crypto?

Based on previous comments, Abena Oppong-Asare has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Abena Oppong-Asare has made about Bitcoin, Ethereum, and cryptocurrency innovation.

Quoted from hansard.parliament.uk on Sep 7th, 2022

Properly regulated blockchain technology has the potential to transform our economy and the financial services sector. Many innovative companies are embracing different forms of blockchain technology to improve transparency in order to finance and create highly skilled, high-productivity jobs across the UK. This has the potential to reduce inequalities, with £69.6 million having been invested in financial technology companies based outside London and the south-east in 2021 alone, driving efficiency in all sorts of industries.

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Stand With Crypto
marked this stance as very pro-crypto

This statement reflects a strongly positive and forward-looking stance on blockchain technology, emphasising its economic, social, and regional benefits. It highlights the potential for regulated blockchain to drive transparency, job creation, productivity, and regional investment, positioning it as a transformative force for both financial services and the wider economy.

Quoted from hansard.parliament.uk on Sep 7th, 2022

A Labour Government would be serious about attracting fintech companies to the UK and safely harnessing the progressive potential of blockchain technology. To do that properly, we need thorough and thoughtful regulation of the sector, and I look forward to the Minister setting out how the Government intend to do that.

Profile picture of Stand With Crypto
Stand With Crypto
marked this stance as very pro-crypto

This statement reflects a positive and pragmatic stance on blockchain and fintech, emphasising the potential for innovation and economic growth. It supports the idea of the UK as a hub for fintech and blockchain, while also stressing the need for “thorough and thoughtful” regulation to harness that potential safely and responsibly.