Wu said that according to Fortune, the new British Chancellor of the Exchequer, Rachel Reeves, met with big tech companies on Wednesday to discuss how to promote economic growth through technology. Sriram Krishnan, general partner of Andreessen Horowitz, attended the meeting, and the discussion involved the potential economic impact of artificial intelligence and blockchain technology. "Unlike the United States, this is not a political issue, but a technical issue," said KPMG's head of crypto and digital assets in the UK. The Labour Party plans to make the UK a "global securities tokenization center" and develop a corresponding regulatory system. The Labour Party also plans to work with fintech companies to promote the issuance of stablecoins.