The UK Labour Party was elected prime minister by a landslide, but did not disclose its crypto plans
Labour won Thursday's UK general election by a landslide, ending 14 years of Conservative rule and will appoint Keir Starmer as prime minister, but its legislative plans leave the direction of cryptocurrency regulation unclear.
According to the BBC, Labour won more than the 326 seats needed for a majority. As of 6:00 am BST (5:00 UTC) on Friday, Labour had 388 seats, while the Conservatives (i.e. Conservatives) fell to just under 100 seats. In their pre-election manifestos, neither party mentioned the cryptocurrency industry. Labour focused on the economy, police and the National Health Service.