UK Labour elected PM in landslide, but no encryption plans revealed
The Labour Party won Thursday's UK general election with an overwhelming advantage, ending the Conservative Party's 14-year rule and appointing Keir Starmer as prime minister. However, their legislative plan has left the direction of cryptocurrency regulation unclear. According to BBC, the Labour Party has won more than the required 326 seats, and as of 6:00 am BST on Friday, they have secured 388 seats, while the Conservative Party's seats have fallen to just under 100. Neither party mentioned the cryptocurrency industry in their pre-election manifestos. The Labour Party focused on the economy, police, and national health service.
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