The ruling Conservative Party in the UK has indicated its support for cryptocurrency

ChainCatcher news, according to CoinDesk, the preliminary results of yesterday's local elections in the UK show that the ruling Conservative Party has indicated its support for cryptocurrencies, while the Labour Party, although expressing support for tokenization, has not yet clarified its stance on cryptocurrencies. About one-third of the local councils in the country voted on Thursday, with over 2,600 seats up for grabs. BBC data shows that in 40 out of 107 councils, the Labour Party won 360 council seats, gaining 62 seats, while the Conservative Party lost 147 seats, totaling 129 seats, falling behind the Liberal Democrats.