Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans

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Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

Regardless of who is elected, crypto policy should still continue developing as it has been, said Adam Jackson, director of policy at Innovate Finance.

"That's what the government said they would do," Jackson said."We haven't heard otherwise as to why that's not feasible. So all things being equal they should have those powers by the time of the national election." The Conservatives may have a couple of months left before an election is announced, but once it is they will have to go head to head with their opposition party and could lose power. The current favorite to win is the Labour party,that surveyed over 1,000 people in April. The poll shows that 44% of voters intend to vote Labour while only 19% intend to vote for the Conservatives.

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