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UK Conservatives Selects crypto bull Rishi Sunak As Next Prime Minister

Liz Truss will soon be succeeded as Prime Minister by Rishi Sunak, a former UK Finance Minister and well-known crypto-bull.

Sunak wants to make stablecoins a “recognized form of payment” in the UK and establish a “financial infrastructure sandbox” to encourage companies to innovate in the market.

Sunak expressed interest in the possibility of the Bank of England launching a central bank digital currency (CBDC) in October of last year.

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