After a sweeping victory for the UK Labour Party, Prime Minister Keir Starmer has appointed Tulip Siddiq as Economic Secretary to the Treasury and City Minister. Siddiq, previously the Shadow City Minister and Shadow Economic Secretary, has expressed intentions to implement stricter regulations on cryptocurrency. She has called for a comprehensive framework to address the risks and opportunities posed by digital assets, citing the need for protection against scams. However, it's unclear where digital assets will rank in the new government's priorities, with housing and the NHS expected to take precedence.