Nigel Farage has been reported to the UK Parliament’s standards watchdog over allegations that he lobbied the Bank of England on cryptocurrency policy in ways that could benefit Christopher Harborne, a major investor in stablecoin issuer Tether who has financially supported Farage. The complaint centers on a private 2025 meeting where Farage urged the Bank to abandon plans for a UK digital currency and later claimed to have influenced the Bank’s stance, which coincided with the Bank dropping a proposed stablecoin limit Farage opposed. Labour MPs are investigating whether Farage breached parliamentary rules by lobbying after receiving significant donations from Harborne, including an undeclared £5 million gift. The Bank of England says the meeting was routine, but scrutiny continues over the influence of private donations on public financial policy.
Revolut will stop supporting the stablecoin USDT on August 31, 2026, due to the European Union's new Markets in Crypto-Assets (MiCA) regulations. Users can buy USDT until July 6 and deposit until July 30, with the option to sell or transfer USDT unti...
The U.S. Treasury added 134 cryptocurrency addresses linked to ISIS-K, a terrorist group, to its sanctions list on July 1, 2026. Tether promptly froze all 131 Tron wallets associated with these addresses, preventing the use of over $1.4 million in fu...
Tether CEO Paolo Ardoino criticized the EU's MiCA stablecoin licensing rules, calling them dangerous due to the requirement that significant stablecoin issuers hold 60% of reserves in European bank deposits. Ardoino argues this creates systemic risk ...
Tether has frozen funds in 131 TRON wallets recently sanctioned by the US Treasury's OFAC due to links with ISIS-K, a terrorist group. These wallets received over $1.4 million in crypto since 2023, with some funds routed through Syrian exchanges. Thi...
Tether has frozen all 131 TRON wallets sanctioned by the US Treasury's OFAC as part of an updated ISIS-K designation, which added 134 crypto addresses including 3 Monero wallets. These TRON wallets received over $1.4 million since 2023, with some fun...
