Rishi Sunak, the first Hindu Prime Minister of Britain of Indian descent, is the talk of the crypto community. He is not only the first Prime Minister selected by King Charles, but also the first PM of the UK who supports cryptocurrencies. However, opinions about Mr. Sunak are mixed within the crypto world.
Pro Bitcoin and Crypto
There is talk that Rishi Sunak holds a variety of cryptocurrencies, including Bitcoin and Ethereum. Sunak concurs with NFT and supports it. It is also believed that in such a scenario, the Bank of England will create a digital currency in place of paper money, allowing for the UK to recognise bitcoin.
Anti Bitcoin and Crypto
Sunak has experience working for big banks like Goldman Sachs. He also supports the use of digital currency and favours the introduction of CBDC in the UK. A fraction of people believe that Sunak is going to employ a spy type of crypto, keeping the economy in check and public money under government control.
Thoughts
Sunak is Pro digital currency, and also supports NFT, either he is going to digitalize GBP, and perhaps regulate crypto platforms, or something more. But for sure, he wants to make UK, a crypto hub,
