The post Farage Quits Parliament, Seeks Re-Election Over Donation Allegations appeared on BitcoinEthereumNews.com.
Nigel Farage resigned as Clacton MP and will contest the upcoming by-election. Farage called this a bid to clear his name while he’s under investigation over donations. Even if Farage wins the by‑election, the investigations will likely keep going. Nigel Farage, leader of Reform UK, announced that he’s stepping down as Member of Parliament (MP) for Clacton and will immediately run again in the by‑election. He called it a bid to clear his name while he’s under investigation over donations and financial perks he didn’t declare. Farage’s argument is straightforward, as he insists that he hasn’t broken any laws. The Reform leader called the allegations politically motivated and stated that he would rather let voters judge him now than wait for investigations to wrap up. He framed the situation as “the people versus the establishment by-election,” saying that he’s fighting to
The post Andrew Bailey denies Farage swayed Bank of England CBDC stance appeared on BitcoinEthereumNews.com.
The Bank of England has reaffirmed that its work on a potential digital pound has remained independent despite claims that political lobbying may have influenced its approach. Summary Bank of England Governor Andrew Bailey said Nigel Farage did not influence the central bank’s policy on a potential digital pound. Bailey’s letter, reported by The Guardian, said no CBDC policy changes followed his meeting with Farage on cryptocurrencies. Farage continues to face parliamentary scrutiny over crypto-linked gifts as the Bank of England advances digital pound research. Bailey says CBDC policy remained independent According to The Guardian, Bank of England Governor Andrew Bailey said the central bank did not alter its position on a potential central bank digital currency after meeting Reform UK leader Nigel Farage. The newspaper reported that Bailey made the comments in a letter written
Labour's challenge in Clacton could reshape political dynamics, highlighting vulnerabilities in Farage's support amid financial scrutiny.
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The post BoE Chief Denies Farage Influenced CBDC Policy: Report appeared on BitcoinEthereumNews.com.
Bank of England Governor Andrew Bailey has reportedly denied that lobbying efforts by Nigel Farage influenced the central bank’s approach to a potential central bank digital currency (CBDC), saying policy decisions were made independently. According to a Wednesday report by The Guardian, which obtained a letter written by Bailey, the governor said the BoE is “able to spot” attempts to influence its policymaking. The letter followed a meeting with Farage, during which the two discussed several issues, including cryptocurrencies. “Following our meeting, Mr. Farage spoke with the press outlining that we had discussed a range of topics, including cryptocurrencies,” Bailey reportedly wrote in the letter. “I am happy to confirm that no policy changes have taken place as a result of interventions by Mr. Farage.” Farage, the leader of the UK’s Reform Party and one of the most prominent supporte
Farage's resignation amid scrutiny may weaken his political influence, highlighting potential shifts in voter sentiment and Reform UK's appeal.
The post Farage resigns from UK Parliament amid donation probe, triggers by-election appeared first on Crypto Briefing.
Andrew Bailey reportedly said Bank of England policy remained independent after a meeting with Nigel Farage that included discussions on cryptocurrency.
Farage's uncertain by-election prospects highlight the potential impact of financial scrutiny on political careers and voter trust.
The post Nigel Farage faces voter backlash in Clacton by-election amid financial probe appeared first on Crypto Briefing.
Farage's strategic resignation may bolster his political influence, as major parties' non-participation suggests his strong local support.
The post Nigel Farage resigns from parliament, plans to run again in by-election appeared first on Crypto Briefing.
The Bank of England has reaffirmed that its work on a potential digital pound has remained independent despite claims that political lobbying may have influenced its approach. Bailey says CBDC policy remained independent According to The Guardian, Bank of England…
