BITPRISMIA
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
The U.K.'s expected election this year shouldn't affect the country's efforts to regulate cryptocurrency much, industry observers say.
The government, which has adopted a pro-crypto stance, must hold a general election by end-January.