Labour Party Wins UK General Election No Crypto Plans Stated

The UK general election has resulted in a significant victory for the Labour Party.

The Labour Party has officially won enough seats in the general election to have a majority in parliament with counting continuing. Sir Keir Starmer will become the UK’s new prime minister and can now begin forming a majority government.

This latest development will help shape the country’s policy landscape across various sectors, including crypto. There is no clear plan stated by the Labour government and it is unclear what implications Labour’s win will have on the crypto market and the broader digital economy including CBDCs.