UK Economic Secretary didn't meet a single crypto company, report
Former Economic Secretary to the Treasury (EST) Tulip Siddiq reportedly didn’t meet a single crypto company on behalf of the new UK Labour government, according to unnamed industry insiders speaking with Sifted. Indeed, according to Sifted, Siddiq actually canceled meetings with crypto companies. Siddiq became the EST, otherwise known as City Minister, in July and helped introduce the UK’s 2026 crypto regulation roadmap as part of her role overseeing the financial services industry. However, she resigned this month following pressure in the wake of an anti-corruption investigation. According to the aforementioned insiders, her contribution to crypto regulation wasn’t enough and she failed to make the space a priority. “The optics mean a lot to business guys particularly if you’re an American VC,” they told Sifted. Sifted also learned via a freedom of information request that the previous Conservative government spent five years lobbying investment powerhou...