Liz Truss Becomes Britain's New Prime Minister - Coinleaks
Current Date:November 7, 2024

Liz Truss Becomes Britain’s New Prime Minister

prime minister in the UK Boris JohnsonThe results of the elections within the Conservative Party, which were held after the resignation of .

Secretary of State fighting to replace Johnson Liz Trussand former Finance Minister Rishi AltarTruss won the election race, receiving the majority of the votes of the party members.

Truss: We Should Welcome Cryptocurrencies

Former Prime Minister Boris Johnson will submit his resignation to Queen Elizabeth II tomorrow, after which Truss will receive the mandate from the Queen to form the new government.

Outperforming Sunak by 20,000 votes, Truss’s promises include accelerating economic growth and putting Britain back on track after its exit from the European Union.

Truss, who was commerce minister at the time of the completion of Brexit, said he believes the country can open up great opportunities in areas like blockchain. In the period when he was the chief sectarian of the Treasury; “We should see and welcome the potential of cryptocurrencies,” he tweeted.

Despite these two statements, Truss did not share much information about crypto or blockchain and did not make any concrete policy recommendations on these issues. It also remains unclear whether Truss will support plans to turn the UK into a crypto hub.

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