Britain's New PM might boost the Crypto Industry.

By The Exchange Team

Cryptocurrency entrepreneurs and investors think Rishi Sunak will revive Britain's crypto ambitions.

The new U.K. leader, who was finance minister in Boris Johnson's government, must undo Liz Truss' economic damage.

Although cryptocurrency isn't high on his priority list, industry insiders say there's reason to be optimistic.

“The feeling among entrepreneurs is one of relief,” said Christian Faes, co-founder LendInvest.

After the arrogance and incompetence of Liz Truss and Kwasi Kwarteng, we finally have someone sensible in No. 10.

After the arrogance and incompetence of Liz Truss and Kwasi Kwarteng, we finally have someone sensible in No. 10.

Sunak, a former Goldman Sachs analyst, has previously expressed enthusiasm for cryptocurrency.