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Labour Party's Election Win Leaves Crypto Regulation Direction Unclear

CointimeCointime2024/07/05 05:43
By:Cointime

The Labour Party has won the UK general election with a large majority, ending 14 years of Conservative rule. However, neither party mentioned the crypto industry in their manifestos. The direction of crypto regulation under Labour's new prime minister, Keir Starmer, remains unclear. Labour has previously commented on tokenization and expressed support for the Bank of England's digital pound plans.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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