Crypto Industry Shifts Focus to Keir Starmer and Labour Party Ahead of UK Elections

U.K. opinion polls pointing towards a strong showing for the Labour Party in the upcoming July 4 elections have spurred crypto executives and lobbyists to focus on party leader Keir Starmer. 

The industry is also targeting two other tech-friendly Labour leaders in its bid to shape the U.K. government’s digital asset policies. With Starmer’s stance on crypto still unclear, industry leaders are closely watching his party’s rise in polls, indicating growing interest and potential influence. Before the snap election call by Prime Minister Rishi Sunak, industry players were engaging mainly with Conservative Party members, including Sunak. However, as the election nears, attention has shifted to Labour, with executives keen to understand the party’s crypto policies, especially in light of its potential return to power. 

Additionally, executives are focusing on Labour’s Rachel Reeves and Tulip Siddiq, both seen as pivotal figures in shaping London’s financial future if Labour forms the next government. Initiatives such as grassroots campaigns in Labour strongholds like Manchester reflect the industry’s proactive approach towards influencing policy.

Clever Robot News Desk 14th June 2024

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