.trussliz beat crypto-friendly RishiSunak to become the head of the U.K.’s Conservative Party and thus the country's new prime minister. by camomileshumba.
Despite these two statements, Truss has not said much about crypto or blockchain, and has made no concrete policy proposals on these issues. It’s also unclear if Truss will support or continueBefore Sunak resigned as finance minister he, along with the former economic secretary to the Treasury, John Glen, paved the way for a new Financial Services and Markets bill that could bring payments-focused crypto like stablecoins into the scope of regulation.
The bill is meant tothat as PM she would support a controversial plan in the bill that would give lawmakers the power to step in when they feel regulators are holding back post-Brexit reforms.Who Truss chooses as the next chancellor of the exchequer could also have an impact on U.K. crypto policies. Kwasi Kwarteng, the current secretary of state for business, energy and industrial strategy and who supported Truss’s ambitions to become PM, could be appointed finance minister.
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