[ad_1] <br><div id="main"><div class="sc-1230l3a-0 jDgeDL newsletter-component sc-12cegbh-0 bOneGE" data-newsletter-key="receiveIndyHeadlinesNews"><div class="sc-tuvb20-0 kNxtdF"><div class="sc-vbc9ga-0 ktqcOE sc-vbc9ga-4 izefFE"><p><h3 data-nosnippet="" class="sc-vbc9ga-1 bscPSn">Get the free Morning Headlines e mail for information from our reporters the world over</h3><h3 data-nosnippet="" class="sc-vbc9ga-2 jEWxqE">Signal as much as our free Morning Headlines e mail</h3></p></div></div></div><p>Former well being secretary <a target="_blank" href="https://www.independent.co.uk/topic/matt-hancock" rel="noopener">Matt Hancock</a> was paid £10,000 for showing at a monetary know-how convention at which he mentioned how the authorities ought to assist <a target="_blank" href="https://news.google.com/topic/cryptocurrencies" rel="noopener">cryptocurrencies</a>.</p><p>Mr Hancock, who was stripped of the Tory whip for participating in <em>I’m a Movie star... Get Me Out of Right here!</em>, has been a vocal advocate of “<a target="_blank" href="https://news.google.com/topic/fintech" rel="noopener">fintech</a>” within the UK, notably digital currencies that use safe communications for transactions.</p><p>However the <a target="_blank" href="https://www.independent.co.uk/topic/cryptocurrency" rel="noopener">cryptocurrency</a> sector is in disaster. Billions of {dollars} in worth have been wiped from the market as FTX collapsed and <a target="_blank" href="https://news.google.com/topic/bitcoin" rel="noopener">Bitcoin</a> – the world’s third greatest change by buying and selling quantity – plummeted.</p><p>There have been widespread requires extra regulation within the cryptocurrency market after the losses.</p><p>Mr Hancock’s convention price, which he declared in his register of pursuits, is on high of the price reportedly of £400,000 he obtained for showing on the reality-television present primarily based in an Australian jungle camp.</p><p>In June Mr Hancock mentioned his confidence in crypto had not been shaken by the key market downturn that wiped billions in worth from the sector’s November 2021 peak.</p><p>“The underlying know-how is so highly effective,” he <a target="_blank" rel="nofollow noopener" href="https://www.uktech.news/crypto/matt-hancock-crypto-crash-patronising-regulators-20220622">told UKTN</a>. “Simply because the Dotcom bubble crashed in 2001, we didn’t discredit the web as a know-how.”</p><p>He informed a Metropolis AM podcast it was his mission to make the general public love digital belongings.</p><p>Mr Hancock has given speeches to at the least two cryptocurrency occasions in current months, and can be resulting from ship a keynote deal with on the Crypto AM Summit and Awards subsequent week.</p><p>An estimated two million folks within the UK personal cryptocurrencies.</p><p>In January Rishi Sunak as chancellor introduced the introduction of more durable rules on how cryptocurrencies are promoted.</p><p>“Crypto belongings can present thrilling new alternatives, providing folks new methods to transact and make investments, however it’s essential that buyers usually are not being offered merchandise with deceptive claims,” he mentioned.</p><p>Boris Johnson is because of deal with a cryptocurrency convention in Singapore subsequent month as a part of his new public-speaking profession.</p><interaction class="apester-media" data-token="5bbe30dfc3ecd7c158342081"/><p>The previous prime minister can be a keynote speaker on the Worldwide Symposium on Blockchain Developments. </p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMiZGh0dHBzOi8vd3d3LmluZGVwZW5kZW50LmNvLnVrL25ld3MvdWsvaG9tZS1uZXdzL21hdHQtaGFuY29jay1qdW5nbGUtZmVlLWNyeXB0b2N1cnJlbmN5LWIyMjI3MzkyLmh0bWzSAQA?oc=5">Source link </a>