Why Crypto  Community Wants To See Rishi Sunak As England's New PM

Why Crypto community is backing Rishi Sunak in PM rarce.

Rishi Sunak is known as the crypto advocate of the United Kingdom.

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He envisions making England a crypto hub for the world.

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In April, Sunak suggested giving stablecoins recognization as a form of payment within the country.

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On 14 July, the U.K.’s Financial Conduct Authority (FCA) called for a global set of rules to regulate international crypto firms.

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During the U.K.’s Presidency of the G7 in Oct 2021, Sunak launched “a set of public policy principles for retail Central Bank Digital Currencies.”

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As the finance minister he paved the way for crypto payments by splitting ways with the Central Bank of England.

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Crypto community has high hopes for England if Rishi becomes the next Prime Minister.

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