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Topic: Prime Minister of UK - A crypto believer - page 3. (Read 460 times)

legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
October 26, 2022, 01:08:40 PM
#2
I am not completely informed on how UK political positions work, I know that the prime Minister is an important charge, but in order for a wider Bitcoin adoption to happen in the United Kingdom  would it not be necessary support of the chamber of commons and the chamber of lores?

For example, there are countries which the power is very centralized in an individual but as far as I know the UK is not one of them.

Regardless of these details, if this new Prime Minister is as crypto positive as implied then it could be a good chance for Bitcoin to get rid of the stigma in that country and find a welcoming place in such economy, it would be an excellent situation if more doors ended up being open to decentralized assets, there is a lot of money and liquidity in the UK.

hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 26, 2022, 12:45:18 PM
#1
Rishi Sunak is the next prime minister of UK. He is from an Indian origin and is the youngest prime minister of UK since 19th century.
Keeping all that aside the interesting fact is that he is a firm crypto believer. I got to know this when I was scrolling insta today.
It seems that crypto regulations have also been approved right after he became the PM of UK.
This shows how positive he is about cryptocurrencies and he might lead the way for a wide adoption of cryptocurrencies.

Read more:
U.K. Lawmakers Vote to Recognize Crypto As Regulated Financial Instrument
Rishi Sunak is Pro Crypto. Is This the Start of Global and Institutional Bitcoin Adoption?
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