The unexpected landslide victory of the Partito Laburista has led Keir Starmer to assume the role of Prime Minister of the United Kingdom (UK), but what does all this have to do with crypto?
Despite not mentioning the cryptocurrency industry during the election campaign and in the party’s manifesto, the new Labour government has declared that it intends to support tokenization and the development of a central bank digital currency.
This announcement has caught many observers by surprise and could mark a significant change in the economic and financial policy of the United Kingdom. Let’s see all the details below.
Undeclared crypto plans: what happens after the victory of the Labour Party in the UK?
As anticipated, the Labour Party has triumphed in the United Kingdom’s general elections on Thursday, securing a landslide victory that ends 14 years of Conservative rule.
Keir Starmer will become the new Prime Minister, but his legislative program leaves many uncertainties about the regulation of cryptocurrencies.
The Labour Party has abundantly surpassed the threshold of…
