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UK’s Crypto Future in Limbo as Truss Wins Prime Minister Race

  • While Sunak had championed crypto, Truss position unclear
  • New leader faces array of challenges amid surging inflation
A bitcoin ATM at a Texaco petrol station in London.

A bitcoin ATM at a Texaco petrol station in London.

Photographer: Luke MacGregor/Bloomberg

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Britain’s prospects as a crypto hub remain uncertain after Liz Truss won the race to be its new prime minister, leaving entrepreneurs and investors wondering what policies -- if any -- await the digital asset industry under fresh leadership.