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(Kitco News) - The United Kingdom has elected a new Prime Minister as Liz Truss, the Secretary of State for Foreign, Commonwealth and Development affairs, defeated former Chancellor of the Exchequer Rishi Sunak.
Truss captured 57.4% of the vote from members as compared to Sunak’s 42.6%. Truss served as the Secretary of State for Foreign, Commonwealth and Development Affairs in the United Kingdom since 2021, and has been Minister for Women and Equalities since 2019.
This new appointment is notable for cryptocurrency proponents as Truss has previously advocated for an anti-regulatory approach to digital assets. In 2018, Truss suggested that the U.K. “should welcome cryptocurrencies in a way that doesn't constrain their potential.”
While operating as Secretary of State for International Trade, Truss...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...