Like his predecessors, the new prime minister of the United Kingdom, Rishi Sunak, has promised to focus on the economy. The new ruler might twist his economic strategy by finally embracing crypto and digital assets.
Rishi Sunak inherited a government in a precarious condition on the economic, political, and social fronts, with high inflation and high energy costs wreaking havoc across the country. His predecessor, Elizabeth “Liz” Truss, quit the position after facing backlash for her economic policies.
In Truss’ forty-day mandate, the British Pound crashed to a forty-year low against the U.S. dollar. This collapse made way for the shortest-serving U.K. prime minister to pass the power to Sunak, the youngest head of state in the past 200 years.
Rishi Sunak, In Crypto We Trust
Rishi Sunak is no stranger to…