Politics
Farage raised stablecoin regulation with Bank of England after donations from Tether shareholder
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Farage raised stablecoin regulation with Bank of England after donations from Tether shareholder
Reform UK leader Nigel Farage discussed cryptocurrency regulation with the Bank of England governor after receiving £15m in donations from a shareholder of the crypto firm Tether.
- Christopher Harborne, a shareholder of the stablecoin firm Tether, donated £15m to Reform UK and gave Farage a £5m personal gift.
- Bank of England governor Andrew Bailey confirmed that Farage raised cryptocurrency regulation and central bank digital currencies in a September 2025 meeting; Bailey said the intervention did not change policy.
- Farage said on LBC in September 2025 that Tether is about to be valued at $500bn and urged London to embrace crypto under proper regulation.
- Reform UK published a draft Cryptoassets and Digital Finance Bill in May 2025, which was later removed from its website; the party says the bill remains policy.
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