Does David Simmonds Support Crypto?
Based on previous comments, David Simmonds has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary David Simmonds has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Quoted from hansard.parliament.uk on Sep 7th, 2022
A key part of that is ensuring that we futureproof the regulation of financial services in the UK. There has been much mention of crypto, but I would like to add the need to ensure that non-regulated activity undertaken by regulated institutions requires scrutiny.
Analysis on Stance
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This statement takes a neutral and governance-focused stance, acknowledging crypto in the broader context of futureproofing financial regulation. It highlights the need for oversight of unregulated activities, especially when conducted by regulated institutions, without singling out crypto as inherently problematic.