'Champion of fintech': Crypto World Rejoices Rishi Sunak's Elevation As UK PM
India.com Business Desk October 25, 2022 11:43 AM IST
Sunak helped formulate the Financial Services and Markets Bill, which, if passed into law, could give local regulators sweeping power over the crypto industry. It is likely to begin with bringing asset-driven crypto, like stablecoins, into the scope of payments regulations.