However, in a report from June 2021, Kwarteng’s department identified blockchain systems as one of the “seven technology families that will transform our economy in the future.” In July, his previous department announced a 53 million British pound (US$61.3 million) fund for supporting technological innovation, including the use of blockchain in supply chains.
Source: https://www.coindesk.com/policy/2022/09/06/uks-truss-picks-kwasi-kwarteng-to-be-finance-minister/?utm_medium=referral&utm_source=rss&utm_campaign=headlines