๐ŸŽ‰Labour Party's landslide victory in the U.K. general election has the crypto world buzzing!๐Ÿš€ While crypto wasn't a manifesto highlight, Labour has previously shown interest in tokenization and the digital pound.

The Tories, known for their crypto-friendly stance, wanted the U.K. to be a crypto hub and had enacted legislation for crypto regulation. Labour, on the other hand, has backed the Bank of England's digital pound plans, with a decision expected by 2025-2026.

Labour's victory could mean a fresh perspective on crypto regulation, with the party previously expressing interest in making the U.K. a securities tokenization hub. Crypto community members believe there's room for Labour to do more, including implementing regulations identified by the previous government and enhancing promotional material guidance for the sector.

Crypto enthusiasts, what are your thoughts on this political shift? Will Labour's victory boost the U.K.'s crypto scene? Let's discuss! #UKCrypto #LabourVictory