General · 18 June 2026
Nigel Farage pushed against Bank digital pound
Laurie Noble via Wikimedia Commons (CC BY 3.0)
People could see changes in digital money use if a state-backed pound proceeds, a proposal linked in the article to demand for private stablecoins. On 18 June 2026, a report said the Reform UK leader urged Andrew Bailey at a private meeting to drop the Bank's cryptocurrency project. Christopher Harborne has given £25m to Reform UK, and owns a 12% stake in Tether.
Reported by The Guardian · How we write briefs