The New British Prime Minister is a Crypto Supporter
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The former head of the Treasury of His Majesty Rishi Sunak became the new Prime Minister of Great Britain lat October 25. In his previous position, he was remembered for his benevolent attitude towards cryptocurrencies.
In 2020, the department he headed started developing a regulation for stablecoins and announced studies in the field of central bank digital currencies (CBDCs).
According to him, Innovation can make payments cheaper and faster.
In April this year, he stated he aims to turn the UK into a “global hub for crypto asset technology”.
At the same time, Sunak has instructed the Royal Mint to issue NFTs, and the Treasury has announced plans to legalize stablecoins.
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