After four months of debate, Kemi Badenoch was elected Conservative leader on Saturday after former British leader Rishi Sunak said he would step down as Conservative Party leader. While the Conservatives have been friendly to cryptocurrencies in the past - proposing measures to ensure they are regulated as a financial activity and saying they want the country to become a cryptocurrency hub - the digital asset industry has not been mentioned in the party's leadership battle.
British Prime Minister Sunak: I will step down as leader of the Conservative Party in the near future, but not immediately.
According to the British "Daily Mail" news, the British Prime Minister Sunak will announce his resignation early on Friday morning local time. The British "Sunday Times" and other media also reported the news of Sunak's imminent resignation.