The UK is hoping for growth in the crypto industry following the Labor Party's election victory. Previous Prime Minister Rishi Sunak promised to turn the country into a “crypto-asset hub” but failed to deliver on this. 🏦 With Labor coming to power, hopes for positive action are renewed. CryptoUK, the crypto industry's main body, has announced its intention to strengthen ties with the new government. Although cryptocurrencies were not mentioned in the election campaign, the new government is expected to support innovation in this area.