As party members clamor for the top seat in the government of the United Kingdom, a crypto-friendly atmosphere is soon descending on the crypto arena. Ever since soon-to-be ex-PM Johnson announced plans to step down last month, the nation’s crypto enthusiasts have been waiting for clarity about the crypto rules and regulations. As to what would come into place under the next PM’s regime has been a gaping question. Answers might just be around the corner for the United Kingdom as the campaigns are heating up and seeing a slew of crypto-supportive promises on the horizon.
A favorable outcome awaits crypto lovers under both the finalized members who will be contesting for the top seat in the United Kingdom. The battle has come down to poll-favorite Truss and Sunak who might become the first POC PM of the United Kingdom. The former has exhibited her crypto-positive stances many times and even advocated for crypto-restrictive legislation to be done away with. The latter has a long history with crypto and was already championing efforts to make the nation a first-class crypto center in the world. He has previously advocated for mainstream adoption of crypto and vowed to prioritize the development of crypto-centric fintech which would indelibly etch the nation’s place at the global crypto frontiers.
As the tension mounts and the race boils down to the two officialized topmost contenders, citizens wait to choose the victor next month. Whoever emerges as the winner will shape the crypto strategies of the entire nation. Luckily, no matter the outcome, UK’s crypto lovers will soon see a regime that will uplift tech invention and favor a liberalized outlook towards cryptocurrency.