Former British Finance Minister Denies Crypto Lobbying Allegations

Former British finance minister, Philip Hammond, has denied allegations that he was lobbying for the cryptocurrency industry. He clarified that his interest in the crypto field is purely professional and not influenced by any external pressures. Hammond emphasized that his involvement with cryptocurrency is centred around exploring its potential for economic growth and technological advancement.

Hammond’s statements come in response to accusations that he was using his political influence to unfairly promote and protect the interests of the cryptocurrency industry. He underscored his belief in the importance of regulatory oversight