After a race for the leadership of the Conservative Party, the Foreign, Commonwealth and Development Secretary Liz Truss has defeated former Chancellor of the Exchequer Rishi Sunak and will be the next Prime Minister of the United Kingdom.
Boris Johnson, who has served as prime minister since 2019, will step down, leaving Truss as party leader. truss win – win She received 57.4% of the members’ vote compared to 42.6% for Singh. Truss has been UK Secretary of State for Foreign, Commonwealth Affairs and Development since 2021 and Minister for Women and Equality since 2019, under three prime ministers.
I am honored to be elected leader of the Conservative Party.
Thank you for trusting me to lead and support our great country.
I will take bold steps to get us all through these difficult times, grow our economy and unleash the potential of the UK. pic.twitter.com/xCGGTJzjqb
– Liz Truss (@trussliz) 5 September 2022
During her time in the position, Truss advocated an anti-regulatory approach to digital assets, say That the UK in 2018 “should welcome cryptocurrency in a way that does not limit its potential”. In her role as Secretary of State for International Trade, she also launched a digital commerce network in 2020 promoting fintech companies, among other measures.
It is unclear how Truss’ past political stances on cryptocurrency might affect her future views as prime minister, or whether Sunak – who has also taken pro-digital positions – will take a seat in her cabinet. Is he there has said He said on Monday (05/09) that he has a “bold plan” to cut taxes and boost the British economy. The government is currently studying legislative avenues to regulate the role of stablecoins and cryptocurrencies in the country.
Queen Elizabeth II is expected to formally name Truss as the next prime minister after accepting Johnson’s resignation.
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