Final candidates for next UK PM have made pro-crypto statements

The Conservative Party is expected to decide between Rishi Sunak and LizaTruss as the party's next leader by September 5, when Johnson will officially step in to the bottom

Rishi Sunak, the former Chancellor of the Exchequer, and Liz Truss, Secretary of State for Foreign, Commonwealth and Development, two of the latest candidates to become the next Prime Minister of the United Kingdom, have all two previously expressed their pro- cryptographic views.

With Prime Minister Boris Johnson soon to be out of office, Sunak and Truss are vying to become the next leader of the Conservative Party and the country, with their views on digital assets likely to influence financial policy. Under Johnson, Sunak asked the country's Royal Mint to create a non-fungible token as part of an effort to make the UK a global crypto hub.

A Member of Parliament who served as chancellor from 2020 until his resignation in July, Sunak previously said the UK government would prioritize financial technology, including central bank digital currencies and stablecoins , with the aim of enabling the country to keep pace with innovation. He has also been the driving force behind numerous proposals for financial services reforms promoting the adoption of cryptocurrencies and stablecoins.

Truss, who has been Secretary of State for Foreign, Commonwealth and Development since 2021 and Minister for Women and Equalities since 2019, serving under three prime ministers, called for an anti-regulatory approach to crypto in 2018 in an effort to...