The British Labour Party won the prime minister with overwhelming advantage, but did not disclose the encryption plan

Gold Finance reported that the Labour Party won Thursday's UK general election with overwhelming advantage, ending the Conservative Party's 14-year rule and appointing Keir Starmer as prime minister. However, the direction of cryptocurrency regulation remains unclear due to its legislative plans. According to the BBC, the Labour Party has won more than the 326 seats needed for a majority. As of 6:00 am BST on Friday, the Labour Party has secured 388 seats, while the Conservative Party's seats have dropped to just under 100. Neither party mentioned the cryptocurrency industry in their manifestos before the election. The Labour Party focused on the economy, police, and national health service.