The UK government meets with major tech companies including a16z.

Wu learned that, according to Fortune, the new Chancellor of the Exchequer in the UK, Rachel Reeves, met with major tech companies on Wednesday to discuss how to promote economic growth through technology. Sriram Krishnan, a general partner at Andreessen Horowitz, attended the meeting, discussing the potential economic impact of artificial intelligence and blockchain technology. The head of Cryptocurrency and Digital Assets at KPMG UK stated, 'Unlike the US, this is not a political issue but a technical one.' The Labour Party plans to establish the UK as a 'global securities tokenization center' and develop corresponding regulatory systems. The Labour Party also plans to collaborate with fintech companies to promote the issuance of stablecoins.