Rishi Sunak's resignation sparks uncertainty in the UK

The shock resignation of Rishi Sunak on July 5 has caused uncertainty about the future direction of cryptocurrencies in the United Kingdom. In the months before his resignation, the former Chancellor spearheaded several policies to make the country a global criptocurrency hub.

Payment regulation reform to recognize stablecoins as a valid payment, developing a regulatory sandbox, and creating a Cryptoasset Engagement Group to act as an interface between government and the industry, and re-evaluating taxation policy towards digital assets were among the topics covered by this.

As the market forcryptocurrencies is changing, CryptoSlate Edge is a yearly membership oriented to help you become a more informed investor and better decision maker. You can get an analytical edge by accessing members-only articles with insights from our researchers. You can ask our journalists questions in our private Discord and see the articles first. We curated data for over 50 verticals for projects and criptocurrencies. You can see real time price charts, social sentiment and on-chain data in market analysis articles. You can get exclusive access to the exclusive recordings of our interviews with founders we use for our articles. We hide all advertisements from Edge members for a clean experience.