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Polkadot Blockchain Academy will host a Web3 education course for policymakers in Switzerland, with UK lawmakers attending to gain insights into crypto regulation and blockchain adoption.
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Polkadot Blockchain Academy (PBA) is set to launch the crypto industry’s first educational course designed for policymakers, aiming to equip lawmakers with a deeper understanding of blockchain technology and Web3
The three-day course, Blockchain Basics for Policymakers, will run from April 6 to April 8, 2025, in Zug, Switzerland, a region known as Crypto Valley due to its blockchain-friendly policies.
A delegation of UK members of parliament (MPs) from major political parties will attend the inaugural course, led by Lisa Cameron, the founder of the UKUS Crypto Alliance and an MP from 2015 to 2024, according to a Feb. 17 announcement shared with Cointelegraph.
The course comes during a crucial time of growth for the UK crypto sector, according to Cameron:
“Given the prominent role that blockchain technology is poised to play in the UK’s tech sector, it is essential that policymakers are equipped with the knowledge to make informed decisions.”
“Polkadot Blockchain Academy’s inaugural course offers a valuable opportunity for MPs to gain firsthand insights into the real-world applications of Web3,” she added.
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On Jan. 10, the UK Treasury amended a financial law to clarify that crypto staking isn’t a collective investment scheme, which is heavily regulated in the country.
The order appears to mark the beginning of the Treasury’s commitment made in November 2024 to have a draft cryptocurrency regulatory framework ready by early 2025.
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Policymakers play a “crucial role” in shaping blockchain’s future
Educating regulators will be essential for the future growth of the crypto industry, according to Chrissy Hill, the chief legal officer and interim chief operating officer at Parity Technologies, who will also attend the course. In a statement shared with Cointelegraph, Hill said:
“Policymakers play a crucial role in shaping the future of blockchain, yet have empirically lacked access to structured education on its technical and regulatory foundations.”
“Polkadot Blockchain Academy is committed to bridging this gap, ensuring that decision-makers have the resources they need to craft practical policies that foster innovation while maintaining safeguards, Hill added.
This marks the first educational course in Polkadot’s global initiative which is planned to take place in other key jurisdictions.
Magazine: Korea to lift corporate crypto ban, beware crypto mining HDs: Asia Express
This article first appeared at Cointelegraph.com News
