- VeChain was in attendance at the UK Parliament discussion about crypto regulations.
- Millions of dollars will be allocated to the Digital Transformation.
- VET costs and RWA projects will skyrocket.
Bitcoin, Ethereum, as well as most other altcoins, are all printing bullish signs on their price chart. The cryptocurrency community is swinging back to a bullish era, and Bitcoin, Ethereum and most altcoins are printing bullish flags on their price charts. anticipation around the ETH Spot ETH approval All things look bullish in the crypto world, with the US House of Representatives voting to protect crypto businesses from SEC regulations and clear regulation.
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In the midst of high bull-run anticipation VeChain (VET) the sustainability-centric green blockchain technology focused on real-world asset (RWA) tokenization, is making bold moves in the UK.
Jake VeChain, VeChain Communications Lead and Community Advocate, shares the details of an exciting meeting that he attended at VeChain. House of Lords I spoke with Baroness Manzila. He said he had been with investors, lawyers and experts who were all talking about the UK’s policy for Web3 and Metaverse.
Jake claims that during the meeting he had the opportunity to represent VeChain, and its business-related blockchain activities in UK. He is happy to see that the British Government has shown interest in this new technology field, and he expresses his gratitude to have had the opportunity to meet with policy makers.
This is indeed a major move in crypto for the UK, as just the event itself is an indication of a turning point in digital UK economy. Jake says that the transition for ushering in this new crypto era is underway. According to Jake, a large amount of money, hundreds millions, are going into the incredible crypto transition in the UK.
In conclusion, he says that VET and the other crypto-projects will be a part of the digital industrial revolution in the UK led by Blockchain technology very soon. The UK election is just around the bend and could help accelerate the adoption of crypto in the UK.
It is likely that the UK may follow the US in opening up crypto as the US Presidential election led to the US. The VET community is very optimistic as they expect that the price of VET to hit major high In the coming phase of golden bullrun.
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