Liz Truss sat in the chair of the Conservative Party, which was vacated by Boris Johnson in England. Since the Conservative Party is still in power, Truss has been elected the new Prime Minister of the UK.
The other candidate in the race within the Conservative party was former Finance Minister Rishi Sunak. Although Sunak has come to the fore with its crypto-friendly approach, it did not win this race.
With Truss expected to take office on Tuesday, crypto investors are starting to wonder about his thoughts on Bitcoin and other cryptocurrencies.
Truss’ new thoughts on cryptocurrencies are not well known.
However, his two statements in 2018 and 2020 reveal that he looks at the sector positively and adopts an approach that prioritizes innovation.
The sharing of the new British Prime Minister in 2018 is as follows:
“We should welcome cryptocurrencies in a way that does not limit their potential. Liberate spaces of free enterprise by removing regulations that restrict well-being. “
Truss, who became the Minister of Commerce in 2020, mentioned the benefits of blockchain technology in a statement and said:
“It could open up huge opportunities in areas like UK blockchain.”
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