ICYMI: Sunak’s crypto charm offensive brought to an end as Truss named UK prime minister
Liz Truss has been elected Conservative Party leader and will serve as the UK’s next prime minister.
Her leadership opponent, Rishi Sunak, had occupied a crypto-curious place in government as head of the Treasury.The election of Liz Truss as the UK's new prime minister on Monday has further clouded the outlook for the country's crypto policy. The new Conservative leader, who was voted in by party members to replace Boris Johnson in the nation's top job, has not so far laid out a cohesive position on digital assets. Rishi Sunak, her defeated opponent, was seen as friendly to the industry.
Truss, who served in government under three different prime ministers, has held posts as secretary of state for foreign, Commonwealth and development affairs since 2021 and as minister for women and equalities since 2019.
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