The upcoming UK election is swaying towards Labour, but likely won’t change the trajectory of the Conservative’s crypto legislation efforts.
Since it was elected in May 2010, the Conservative Party has implemented measures to foster a positive crypto environment.
In 2022, Rishi Sunak announced the vision for UK Crypto in the global financial market. The intention was to make the UK a “global hub for crypto assets technology.”
Something that the UK has since been working towards. In June 2023