Farage Under Investigation: A Political Storm Brews Over Undisclosed Crypto Donation

The post Nigel Farage: £5M Christopher Harborne gift was ‘reward’ for Brexit appeared on BitcoinEthereumNews.com. Nigel Farage now claims that the £5 million ($6.7 million) “gift” he received from billionaire crypto entrepreneur Christopher Harborne was a “reward” for 27 years of Brexit campaigning. The Reform UK leader made the claim in an interview with the Sun’s Editor-At-Large, Harry Cole, just days after it was revealed that he was to be subject to an official government inquiry.   Farage claims that the money was given on an “unconditional basis,” and that it was “a reward for campaigning for Brexit for 27 years.”  However, he previously claimed that Harborne gave him the millions to cover his security expenses.  He also stated in the interview that he “cannot be bought,” and argued that he refused a “load of money” from Elon Musk to say certain things publicly. He wouldn’t disclose what those things were.  Read more: Nigel Farage faces official inquiry over £5M Christopher Harbo

The post Reform UK’s Nigel Farage Faces Standards Probe Over Tether Billionaire’s $6.7 Million Gift appeared on BitcoinEthereumNews.com. In brief U.K. MP Nigel Farage is facing a formal investigation by parliamentary standards authorities for allegedly failing to declare a £5 million personal gift. The donor is Christopher Harborne, a Thailand-based cryptocurrency investor with a 12% stake in stablecoin giant Tether. Farage claimed “no obligation” to declare the gift, which was made in 2024 before he announced his candidacy for parliament. The U.K.’s Parliamentary Standards Commissioner is reportedly launching an inquiry into a $6.7 million (£5 million) gift received by Reform U.K. leader Nigel Farage from billionaire Tether investor Christopher Harborne. Farage declared he was under “no obligation” to declare the gift, which was made before he announced his intention to stand in the 2024 general election. “Believe you me, we’ve looked at this from every legal angle,” he told broadcast

The post Bank of England ready to water down ‘overly conservative’ stablecoin proposals: FT appeared on BitcoinEthereumNews.com. The Bank of England (BOE) is set to ease proposed restrictions on stablecoin holdings following pressure from digital asset industry participants, the Financial Times (FT) reported on Thursday. Sarah Breeden, deputy governor for financial stability, said the central bank’s initial plans to restrict individuals to owning up to 20,000 pounds ($27,000) per coin may have been “overly conservative,” according to the FT. The BOE is “looking very hard at whether there are different ways we can manage what we think is an important risk as stablecoins come into play,” Breeden said in an interview. Stablecoins are cryptocurrencies pegged to the value of a traditional financial asset, usually a fiat currency, mostly the U.S. dollar. They have been at the forefront of the development of mainstream digital asset adoption, helped by the establishment of formal regulatory r

The Parliamentary Standards Commissioner is examining Farage’s undisclosed £5 million gift from Tether investor Christopher Harborne.

The post Bitcoin keeps rallying mid-month – Is Saylor using Strategy’s STRC funding loop to pump BTC? appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on Bitcoin has been seeing recurring mid-month strength this year, and it is becoming harder to separate it from Strategy’s (formerly MicroStrategy) expanding preferred-stock machine. The funding channel is helping the company continue to buy the flagship digital asset while adding a growing layer of cost to its balance sheet. Research firm K33 has tied the pattern to Strategy’s perpetual preferred stock, STRC, which has become a key source of liquidity for the world’s largest corporate Bitcoin holder. The instrument pays dividends at month-end, but investors must own the shares by the 15th to qualify for the payout. That deadline has turned the middle of each month into a predictable window of demand. Investors buy STRC ahead of the cutoff, driving up its trading volume, and the stock moves back toward its $100 par value.

Ripple CEO Brad Garlinghouse has outlined what he believes makes XRP distinct in the digital asset market, pointing to the XRP Ledger’s payments-focused design, low transaction costs, short settlement times and long-running community support. The comments came in a short “XRP In One Minute” video shared by Ripple from XRP Las Vegas, where Garlinghouse framed […]

Tron Inc. buys 142,637 TRX worth over $50,000, lifting its digital asset treasury holdings above 695.9 million TRX. Tron Inc. has added more TRX to its digital asset treasury after buying 142,637 tokens at an average price of $0.3505. The purchase was worth more than $50,000 and lifted the company’s total TRX holdings above 695.9 […] The post Tron Inc Expands TRX Treasury With Fresh Purchase Worth Over $50000 appeared first on Live Bitcoin News.

A £5 million ($6.7 million) gift from crypto billionaire Christopher Harborne has landed Reform UK leader Nigel Farage before a parliamentary standards watchdog over an alleged disclosure failure. Related Reading: Former Crypto CEO Apologizes To Investors As $328M Fraud Claims Surface The Size Of The Donation According to reports, the money came from Harborne, a […]