UK Prime Minister Keir Starmer will appoint Tulip Siddiq as the City of London Minister, with responsibilities including the regulation of crypto assets
ChainCatcher news, according to Bloomberg, UK Prime Minister Keir Starmer will appoint Tulip Siddiq as the City of London Minister, a position within the Treasury, making her a key figure in regulating and advocating for the critical financial services industry.Insiders reveal that Siddiq, who has been a Member of Parliament since 2015, is expected to be appointed as the Treasury's Economic Secretary. This is her equivalent position in Starmer's shadow cabinet. The role is referred to as the City of London Minister, which pertains to the City of London and the broader financial services sector. Responsibilities also include overseeing fintech, crypto assets, and debt management policies.