British Reform Party spokesperson: Technology such as stablecoins can help prevent financial fraud

Richard Tice, vice-chairman of the British Reform Campaign (who is also the Reform Party's spokesman for business, trade, energy and housing), told Bloomberg that new technologies such as stablecoins could help prevent financial fraud.<br /> "Fraud will always exist, but it should be easier to make it difficult for them to commit crimes-especially driven by technologies such as technology, blockchain and tokenization, and it should be easier to track the flow of money." Tice said,"Can funds somehow be tracked, intercepted or cleared before they leave British sovereign territory? I don't know, but I think we have to have the courage to consider all these possibilities."